Musk to Give Every Kid in the U.S. a Share of SpaceX

Elon Musk wants every kid in America to own a piece of SpaceX. “Next year, I will give one of my SpaceX shares to every kid in America,” Musk wrote on X on Monday, adding, “This will be the first of many.”

Musk didn’t share any details on how the shares would be distributed. One idea floated by investors is to send them through Trump Accounts, the new government-backed investment accounts for children.

A Response to Anthropic’s Public Benefit Fund

The pledge came right after Anthropic announced its new Anthropic Public Benefit Fund. The AI company is starting the fund with 5% of its shares and says it plans to add up to 2% more for every 50% increase in its value above a set baseline. Altogether, Anthropic says roughly 20% of its shares are committed to the public good.

Musk replied directly, “I recommend giving the shares directly to the public,” then said that’s what he’ll be doing.

The math is big but manageable for Musk. There are about 72 million children under 18 in the U.S., so one share each works out to roughly $10.6 billion at today’s stock price. Musk holds about 6.4 billion SpaceX shares, including unvested awards and options, so the gift would use just over 1% of his stake.

What a SpaceX Share Is Worth

SpaceX shares are trading at about $147 at the time of writing, giving it a market cap of roughly $2 trillion. That’s after its blockbuster IPO earlier this summer, which made it more valuable than Tesla.

Musk has said SpaceX could be worth more than $100 trillion within 10 years as it scales Starship, commercial trips to space, and orbital data centers. During SpaceX’s first earnings call, leadership pointed to $1 trillion in annual revenue within reach by 2030, with its first orbital data centers launching in 2027. SpaceX has also acquired AI startup Cursor for $60 billion and, more recently, purchased wireless spectrum to make Starlink a U.S. phone carrier.

SpaceX Q3 Earnings Call Today

SpaceX reports its Q3 2026 results after the market closes today, with an audio webcast at 4:30 p.m. ET. It’s only the company’s second earnings call.

Analysts expect $13 billion in revenue, up from $7.8 billion in Q2. They also expect adjusted earnings of $0.13 per share, which would be SpaceX’s first profitable quarter after a $0.09 loss per share in Q2.

Musk may share more details about the share giveaway on the call, including how and when kids would actually receive their SpaceX stock.