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Elon Musk Wants to Give Every American Child a Share of SpaceX. Here's What It Would Cost -- and What It Means for Everyone Else Holding the Stock

The Motley Fool·
Elon Musk Wants to Give Every American Child a Share of SpaceX. Here's What It Would Cost -- and What It Means for Everyone Else Holding the Stock

Elon Musk announced plans to give one SpaceX share to every American child under 18 (approximately 72 million children), valued at roughly $12 billion. The gift would represent only 1.8% of Musk's B shares and would not dilute existing shareholders since Musk can personally fund it. While long-term impacts are minimal given daily trading volumes of nearly 100 million shares, many child recipients may sell their shares at first opportunity.

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