Elon Musk Promises Every US Child a SpaceX Share
BeInCrypto · Mon, 19 Oct 2026 18:20:06 GMT
Hype 33/100 · Market impact 70/100 · Breaking 61/100
On October 19, 2026, Elon Musk pledged on X to give some of his shares to American children through Trump Accounts, after agreeing with a user’s suggestion that the stock be SpaceX shares. Musk did not specify a timeline, number of shares, or company. The pledge followed Anthropic’s October 18 announcement of a public benefit fund holding 5% of its shares, subject to stockholder approval and worth about $48 billion at its May $965 billion valuation. Trump Accounts are federal investment accounts for US children; eligible newborns receive a $1,000 government deposit, donors may contribute individual stocks, recipients may need to hold those shares for five years, and enrollment has reached 70 million children.