Elon Musk pledges SpaceX share to every U.S. child in 2025

WASHINGTON, Oct 19 (OPA) — SpaceX CEO Elon Musk announced Monday that he intends to provide one share of the private aerospace company to every child in the United States by next year. The pledge, delivered via social media, marks an unprecedented move for the privately held firm, which is currently valued at over $200 billion.

Musk offered no specifics on how the transfer would be executed or how the company would verify eligibility for millions of minors. SpaceX is not a publicly traded entity, meaning its shares are not listed on any stock exchange and are typically restricted to employees and institutional investors.

Legal and financial experts noted that transferring private equity to minors presents significant regulatory hurdles. Such a move would require complex custodial arrangements and likely trigger scrutiny from the Securities and Exchange Commission regarding shareholder limits and private company disclosure requirements.

SpaceX has not released a formal statement or a timeline for the initiative. The company remains focused on its Starship development program and expanding its Starlink satellite constellation, with no immediate plans for an initial public offering.