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International Business Times UK
International Business Times UK
Maybelyn B. Paden

Elon Musk Reportedly Plans to Give $10.5B in SpaceX Shares to Every Single US Child

Elon Musk’s SpaceX shares plan would put stock in the hands of every US child (Credit: Daniel Oberhaus/Wikimedia Commons CC BY-SA 4.0)

Elon Musk has said he plans to give one SpaceX share to every child in the United States next year, a proposal that would put stock worth about $10.5 billion (€9.1 billion and £7.9 billion) into the hands of roughly 72 million under-18s.

The Tesla and SpaceX chief executive made the pledge on X on Monday, responding to Anthropic's announcement of a new Public Benefit Fund.

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