Elon Musk, the CEO of SpaceX, stated on Monday that he plans to give one of his company shares to every child in the U.S. next year. He did not specify how the share giveaway would be executed. According to an August SEC filing, Musk owns approximately 4.8 billion SpaceX shares, representing a 48.4% beneficial stake. With 72 million children under 18 in the U.S. as of July 1, 2025, this initiative would amount to roughly $10.5 billion worth of shares, based on SpaceX's closing stock price of $146.03 as of Friday. Musk added on X that this would be "the first of many" such actions.