Musk pledges $10bn in SpaceX shares for US children: Who really gains?

2 weeks ago

Elon Musk has pledged to give one SpaceX share to every child in the United States next year – a gift that could be worth more than $10bn.

“This will be the first of many,” the world’s richest man wrote on X on Monday.

About 73 million children under 18 live in the US, according to US Census Bureau data.

At Friday’s closing price of $146.03, the pledge would be worth about $10.7bn.

Read Entire Article