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Follow-Up: Musk's SpaceX Share Pledge to America's Kids Values at About $10.5 Billion, Details Still to Come

Tuesday, October 20, 2026 · Finance · GSM News

Musk announced on October 19 that he will give one of his SpaceX shares to every kid in America next year, a pledge reported by this newsroom yesterday. A day on, neither Musk nor SpaceX has released eligibility rules, a delivery method or a timeline; USA Today has asked SpaceX for implementation details and received no specifics.

The pledge followed SI company Anthropic's October 18 announcement that it would place 5% of its equity into a Public Benefit Fund, with possible board-discretion additions. Musk responded that he recommends 'giving the shares directly to the public' and said, 'This is what I will be doing.'

By the numbers: the United States has roughly 72 million minors (U.S. Census Bureau, July 2025). SpaceX shares closed at $146.03 on October 16, so one share per child would total about $10.5 billion. According to an August SEC filing, Musk holds more than 6.4 billion SpaceX shares, a 48.4% beneficial stake; SpaceX went public in June of this year.

Source: GSM · USA (original Chinese edition)

Photo: 图:马斯克2022年在美国空军学院演讲(资料图),美国空军摄,公共领域。Photo: Elon Musk speaking at the U.S. Air Force Academy in 2022 (file photo), U.S. Air Force, public domain.

Story Timeline
  1. 2026-10-19Musk Says He Will Give One SpaceX Share to Every Kid in America Next Year
  2. 2026-10-19Trump Thanks Musk in Post for Giving SpaceX Stock to Millions of American Children Through Trump Accounts
  3. 2026-10-20Follow-Up: Musk's SpaceX Share Pledge to America's Kids Values at About $10.5 Billion, Details Still to ComeThis story
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