Musk says he will give a SpaceX share to ‘every kid in America’

Elon Musk announced on X that he would give one SpaceX share to every child in the United States next year, without explaining how the plan would work. The country has around 73 million people under 18, and Musk owns 38 percent of the company, according to Forbes. The announcement follows Donald Trump’s promise to give every American adult $5,000 if Republicans retain control of Congress in November’s midterm elections. SpaceX raised $85.7 billion in a record-setting IPO in June, and Starship reached orbit for the first time in September.