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Elon Musk to offer children in US SpaceX shares
Billionaire Elon Musk announced his intention to give one share of his stake in SpaceX to every child in the United States next year. This charitable initiative is estimated to be worth around $10.5 billion and targets approximately 72 million children under the age of eighteen, based on the latest demographic data and the stock price of $146.03. The initiative is part of Musk's efforts to promote direct distribution of shares to the public, without revealing the legal and regulatory mechanisms involved. It is considered the first of its kind and is part of plans for future initiatives.
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