SpaceX Stock Gift: Elon Musk Promises to Give Shares Worth $10.7 Billion to American Children

It is reported that Elon Musk has promised to distribute 1 share of SpaceX stock to every American child next year, a plan that could involve approximately 73 million shares, valued at around $10.7 billion. Calculated at a listed price of $146.03 per share, this proposed distribution would extend the ownership of SpaceX stock to millions of American children. However, the eligibility criteria, distribution arrangements, and the valuation used for these shares are still not clear at this time.

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