Elon Musk Promised to Give SpaceX Shares to Every Child in the U.S.

The publication notes that Musk made this announcement after the AI competitor Anthropic stated it would allocate a portion of its shares for the public good. "Next year, I will gift one share of SpaceX to every child in America," the CEO of SpaceX wrote in his post on the social network X. "This will be the first of many gifts," Elon Musk stated. According to estimates from the U.S. Census Bureau, there are about 72 million children in the country. At the current price of SpaceX shares at $146, the total value of the donation could amount to approximately $10.5 billion. **For reference: SpaceX (Space Exploration Technologies Corp.)** is an American private aerospace manufacturer founded by Elon Musk in 2002. The company is engaged in the development and production of rockets, spacecraft, and satellites, as well as organizing space launches. **Most notable SpaceX projects:** Falcon 9 — a reusable rocket with a first stage. Starship — a super-heavy rocket and spacecraft system being developed for missions to the Moon and Mars. Dragon — a spacecraft for transporting people and cargo to orbit. Starlink — a satellite internet access system.