Elon Musk Announces Plan to Distribute SpaceX Shares to US Children Starting in 2027
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Key summary
Elon Musk posted on October 19, 2026, stating he intends to give one SpaceX share to every child in the United States beginning next year (2027). The post noted this would be the first of many such actions. Foreign media calculated that with approximately 72 million US children under 18 and a current stock price of $146 per share, distributing one share each would cost roughly $10.5 billion (about 350 billion baht). Musk currently holds about 6.4 billion SpaceX shares, meaning the proposed distribution of 72 million shares represents a small fraction of his total holdings. The source for these facts is CNBC.
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Official source
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