Elon Musk promises to give one SpaceX share to every child in the US

Elon Musk says helium plans to springiness 1 of his SpaceX shares to each kid successful the US starting adjacent year. With astir 72 cardinal children successful the US arsenic of July 2025, Musk would beryllium giving distant astir $10.5 cardinal worthy of shares, according to a study from CNBC.

Musk, who runs SpaceX and Tesla, writes connected X that this giveaway "will beryllium the archetypal of many." It comes conscionable months aft SpaceX president Gwynne Shotwell announced that she'd beryllium giving shares of her SpaceX banal to 2 cardinal Trump Accounts, the tax-advantaged concern accounts fixed to American children. Dell's laminitis similarly poured $6.25 billion into Trump Accounts, portion Micron besides …

Read the afloat communicative astatine The Verge.