"This Will Be First Of Many": Elon Musk Promises SpaceX Share To Every Child In US Next Year
American billionaire Elon Musk on Monday pledged that he will give a stake in SpaceX, his $2 trillion aerospace and artificial intelligence company, to every US child next year. However, it is not clear how those shares would be distributed to the tens of millions of American children or whether all of them would even be eligible.
The Tesla and SpaceX CEO took to his social media platform X and wrote that he will give one of his SpaceX shares to every kid in America next year, adding that this step will be the first of many. The move comes amid intensifying scrutiny over the tech companies regarding their impact on society.
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SpaceX only began trading publicly in June with the biggest initial public offering in history. The company’s shares were trading for about $146 when the market closed on Friday.
