💯 Elon Musk announced a massive pledge to give one share of SpaceX stock to "every kid in America" next year. $SPCX $SPCXB
He shared the plan early Monday on X, stating, "Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many." $PHA
Estimated Target Audience: The massive giveaway is estimated to target roughly 72 million children under the age of 18.
Value Per Share: SpaceX stock closed at $146.03 per share following its June 2026 initial public offering.
Total Estimated Gift: The total value of the stock giveaway is estimated of $10.5 billion.
Impact on Musk's Fortune: This comprises roughly 1% of Musk’s total net worth, which hovers around $900 billion to $1.1 trillion.
He shared the plan early Monday on X, stating, "Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many." $PHA
Estimated Target Audience: The massive giveaway is estimated to target roughly 72 million children under the age of 18.
Value Per Share: SpaceX stock closed at $146.03 per share following its June 2026 initial public offering.
Total Estimated Gift: The total value of the stock giveaway is estimated of $10.5 billion.
Impact on Musk's Fortune: This comprises roughly 1% of Musk’s total net worth, which hovers around $900 billion to $1.1 trillion.
