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Elon Musk faces a promise for "every child" in the US: "Will be the first in"
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Executive Summary
Facts Only
Elon Musk, CEO of SpaceX, stated he will provide each child in the United States with one share of the aerospace company.
Musk currently owns approximately 4.8 billion SpaceX shares, potentially reaching 6.4 billion with options considered.
As of July 1, 2025, there were 72 million children under the age of 18 in the US.
The potential donation value is approximately $10.5 billion based on the closing price of $146.03.
Musk has donated over $350 million to Republican candidates.
He directed $158 million to the Senate Leadership Fund.
Anthropic disclosed an intent to allocate 5% of its shares to a public benefit fund.
Full Take
From the original · HotNews
Elon Musk makes a promise for "every child" in the US: "Will be the first in a long series" Elon Musk, CEO of SpaceX, stated on Monday that he will provide each child in the United States with one share of the aerospace company he leads, reports CNBC.Read the full story at hotnews.ro
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