According to a report by ET Net on the 20th, Tesla (US.TSLA) CEO Musk posted on social platform X stating his plan to gift one share of SpaceX (US.SPCX) to every child in the United States in 2027, calling this move just the first step of a series of future actions.
Based on an estimated 72 million children under the age of 18 in the U.S. and a share price of approximately $146.03, the total value of shares involved would be about $10.51 billion. However, the actual amount will still depend on the share price at the time of distribution and the final number of beneficiaries.
Currently, Musk has not disclosed eligibility criteria, distribution arrangements, funding sources, or a specific timetable, nor has he indicated whether the plan will be implemented through the U.S. government's 'Trump Account' investment program. (kk)
Based on an estimated 72 million children under the age of 18 in the U.S. and a share price of approximately $146.03, the total value of shares involved would be about $10.51 billion. However, the actual amount will still depend on the share price at the time of distribution and the final number of beneficiaries.
Currently, Musk has not disclosed eligibility criteria, distribution arrangements, funding sources, or a specific timetable, nor has he indicated whether the plan will be implemented through the U.S. government's 'Trump Account' investment program. (kk)
