Elon Musk says he plans to give SpaceX stock away to every kid in America

Image for article Elon Musk says he plans to give SpaceX stock away to every kid in America
News Source : Yahoo Entertainment

News Summary

  • "This will be the first of many," SpaceX founder and CEO Elon Musk said in an X post on Monday.
  • Musk didn't specify an age range for the proposed gift, but a Bloomberg report indicated he could use Trump Accounts as the vehicle for his stock donations.
  • There are currently about 73 million children under 18 living in the US, according to the latest Census Bureau data.
  • That number goes down to about 18.5 million for newborns up to 4 years old, the data shows.
Kids will soon have a financial interest in the future of space. Next year, I will give one of my SpaceX (SPCX) shares to every kid in America.

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