Elon Musk says he plans to give one SpaceX share to every child in the United States next year, but his announcement did not explain who would qualify or how the shares would be distributed.
“Next year, I will give one of my SpaceX shares to every kid in America,” Musk wrote Monday, Oct. 19, in a post on X. He added that it would be “the first of many.”
The post came a day after artificial intelligence company Anthropic announced a proposed Public Benefit Fund. Anthropic said it would commit 5% of its shares to the fund, subject to stockholder approval, with the possibility of additional shares as the company grows, according to its announcement.
SpaceX shares began trading on Nasdaq in June, according to the company’s IPO announcement.
Musk’s post does not spell out a distribution timetable beyond “next year,” define which children would be eligible or describe how millions of share transfers would be handled. No additional mechanics were included in the announcement.
Image: AI-generated illustration.
