Elon Musk plans to give SpaceX shares to 72 million U.S. children, Min Choi reports

Elon Musk plans to give SpaceX shares to 72 million U.S. children, Min Choi reports
Musk to give SpaceX shares to children

Elon Musk has pledged to give every child in the U.S. one SpaceX share, amounting to about 72 million shares valued at approximately $10.5 billion based on the reported $146 per share figure.

Min Choi reported the announcement, noting that Musk said the initiative is set to begin next year and described it as the first of many planned efforts. Musk also reportedly stated his intention to take SpaceX to a valuation exceeding $100 trillion in less than 10 years.

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