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Elon Musk is feeling generous today. Or maybe just competitive.<\/p>\n
\u201cNext year, I will give one of my SpaceX shares to every kid in America,\u201d Musk wrote on X. \u201cThis will be the first of many.\u201d<\/p>\n Next year, I will give one of my SpaceX shares to every kid in America.<\/p>\n This will be the first of many.<\/p>\n \u2014 Elon Musk (@elonmusk) October 19, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n Roughly 73 million Americans are under 18, which puts the giveaway at about $10.7 billion based on Friday\u2019s closing price of around $146 a share, according to CNN<\/a>. Musk didn\u2019t say how the shares would be distributed or who would qualify.<\/p>\n The offer was a response to Anthropic, which said Sunday it will put at least 5% of its shares, worth about $48 billion at its latest valuation, into a \u201cPublic Benefit Fund\u201d for social causes, including softening AI\u2019s impact on jobs. Musk one-upped them by saying SpaceX shares should go directly to the public instead.<\/p>\n Musk isn\u2019t the first SpaceX executive to hand out stock to kids. In July, SpaceX president Gwynne Shotwell and her husband gifted one share each to the Trump Accounts of more than 2 million children, a donation President Trump valued at $325 million.<\/p>\n<\/p><\/div>\n Elon Musk is feeling generous today. Or maybe just competitive.<\/p>\n \u201cNext year, I will give one of my SpaceX shares to every kid in America,\u201d Musk wrote on X. \u201cThis will be the first of many.\u201d<\/p>\n Next year, I will give one of my SpaceX shares to every kid in America.<\/p>\n This will be the first of many.<\/p>\n \u2014 Elon Musk (@elonmusk) October 19, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n Roughly 73 million Americans are under 18, which puts the giveaway at about $10.7 billion based on Friday\u2019s closing price of around $146 a share, according to CNN<\/a>. Musk didn\u2019t say how the shares would be distributed or who would qualify.<\/p>\n The offer was a response to Anthropic, which said Sunday it will put at least 5% of its shares, worth about $48 billion at its latest valuation, into a \u201cPublic Benefit Fund\u201d for social causes, including softening AI\u2019s impact on jobs. Musk one-upped them by saying SpaceX shares should go directly to the public instead.<\/p>\n Musk isn\u2019t the first SpaceX executive to hand out stock to kids. In July, SpaceX president Gwynne Shotwell and her husband gifted one share each to the Trump Accounts of more than 2 million children, a donation President Trump valued at $325 million.<\/p>\n<\/p><\/div>\n\n
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