Business & Finance

Musk pledges one SpaceX share to every US child next year

Trump praised the plan, estimates put its value near $10.66 billion, and mechanics remain unannounced.

Updated Oct 22, 2026 · 10:24 UTC4 reports

The short version

Elon Musk pledged to give one SpaceX share to every child in America next year.[ABC News · Business Insider]
President Trump praised the pledge on X and said shares would reach children through Trump Accounts.[Business Insider]
Reporters estimate the pledge's value at about $10.66 billion, based on Friday's SpaceX closing price and roughly 73 million children under 18.[ABC News]
Musk has not detailed eligibility, transfer mechanics, or timing, and called the pledge the first of many.[ABC News · Business Insider]

Musk pledged on Monday to give one SpaceX share to every child in America next year.[ABC News · Business Insider]
President Trump praised the pledge in a post on X and said the shares would go to children through Trump Accounts.[Business Insider]
SpaceX closed at $146.03 on Friday, and with about 73 million US children under 18, the pledge's nominal value was estimated at about $10.66 billion.[ABC News]
Musk said the pledge would be the first of many, but did not provide details on how it would be carried out.[ABC News]
Musk has not detailed who would qualify as a child under the plan, how shares would reach eligible accounts, or when transfers would occur next year.[Business Insider]

Implementation details, including eligibility, transfer mechanics, and timing, have not been provided, based on reporting from both outlets.[ABC News · Business Insider]
The $10.66 billion value is an estimate calculated from Friday's closing share price and an approximate child population, not a confirmed figure.[ABC News]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.