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"Elon Musk says he’ll give a SpaceX share to every child in America next year" - CNBC
Posted on 10/19/26 at 4:25 am
Posted on 10/19/26 at 4:25 am
https://www.cnbc.com/2026/10/19/elon-musk-spacex-shares-giveaway-kids.html
Friday close price at $146.03
Nice play on Elon's part, the true monster that he is.
SpaceX
boss Elon Musk said Monday that he’ll give every child in the U.S. one of his shares in the company next year.
There were 72 million children under 18 in the U.S. as of July 1, 2025, according to official census data.
That would amount to the CEO giving away about $10.5 billion worth of shares, taking into account SpaceX’s closing stock price of $146.03 as of Friday.
“This will be the first of many,” Musk said in a post on X, without providing further details on how the share giveaway would happen.
ETA, there is a reason or two why I posted this, just waiting now.
Friday close price at $146.03
Nice play on Elon's part, the true monster that he is.
SpaceX
boss Elon Musk said Monday that he’ll give every child in the U.S. one of his shares in the company next year.
There were 72 million children under 18 in the U.S. as of July 1, 2025, according to official census data.
That would amount to the CEO giving away about $10.5 billion worth of shares, taking into account SpaceX’s closing stock price of $146.03 as of Friday.
“This will be the first of many,” Musk said in a post on X, without providing further details on how the share giveaway would happen.
ETA, there is a reason or two why I posted this, just waiting now.
This post was edited on 10/19/26 at 4:27 am
Posted on 10/19/26 at 5:04 am to Victor R Franko
He’s a genius.
- He’ll win favor amongst the youth.
- Everyone will be invested in space exploration which is his dream.
- He’ll make the money back instantly.
It’s also a bonus that he did it right before midterms. Sucks that he’s gonna pay illegals via anchor babies though.
- He’ll win favor amongst the youth.
- Everyone will be invested in space exploration which is his dream.
- He’ll make the money back instantly.
It’s also a bonus that he did it right before midterms. Sucks that he’s gonna pay illegals via anchor babies though.
Posted on 10/19/26 at 5:06 am to Victor R Franko
Posted on 10/19/26 at 6:17 am to Victor R Franko
quote:
ETA, there is a reason or two why I posted this, just waiting now
I don't know what your reasons are. I'm just looking forward to hearing how this makes him a Nazi from people in the thread
Posted on 10/19/26 at 6:28 am to Victor R Franko
Then the child will promptly sell it when they turn 18 and spend it on something dumb.
Posted on 10/19/26 at 6:44 am to UptownJoeBrown
quote:
Then the child will promptly sell it when they turn 18 and spend it on something dumb.
Depends on how many stock splits happen. They may be able to sell one and keep the rest.
Posted on 10/19/26 at 6:45 am to Victor R Franko
Hope he requires id/proof of citizenship to take possession.
Posted on 10/19/26 at 7:13 am to Victor R Franko
Baby momma will sell it
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