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TECH ·UNITED STATES ·October 19, 2026

Elon Musk says "Next year, I will give one of my SpaceX shares to every kid in America"

“Next year, I will give one of my SpaceX shares to every kid in America”
— Elon Musk, CEO

Reported October 19, 2026 by cityam.com. Checked word for word against that report.

✦ Summary · October 19, 2026 AI-written summary of the news — not a direct quote

Elon Musk said in a post on X on Monday that he intends to hand a single SpaceX share to each child in the U.S. next year, a pledge he made after Anthropic announced a multibillion-dollar plan to devote part of its equity to public purposes. At a recent closing price of $146.03, the offer could be worth about $146 per child, or roughly $10.5 billion across an estimated 72 million children. Musk did not specify eligibility, timing, or mechanics. Anthropic said it would initially allocate 5% of its equity to a new fund, pending shareholder approval, and could add more as its value rises; the fund could support charities or payments to people affected by AI’s employment impact. Neither company specified how much would ultimately reach recipients. The pledges came amid scrutiny of AI’s effects on jobs and safety.

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