Elon Musk recently stated: “Next year, I will give a portion of my SpaceX shares to every child in the United States.
This will be the first in a series of gifts.”
Musk’s proposal to share ownership of SpaceX with every child in the U.S. aims to create direct stake in space advancement and long-term wealth derived from innovation.
With approximately 72 million children under the age of 18, and a recent share price of $146 for SPX (SPACX), this would constitute a gift of equity valued at roughly $10.5 billion.
The initiative reflects an effort to promote intergenerational equity, inspire interest in STEM fields, expand on prior initiatives such as those led by Shoutwell, and align with broader goals of multiplanetary ambition.
However, logistical challenges involving nearly 73 million recipients, legal and tax considerations for minors, eligibility debates, and fluctuations in share value—these issues will need to be addressed upon implementation.
The best gift you can give a child is ownership in something that grows over time.
Consider how Bernie Sanders might reframe this idea.
Original source: toutiao.com/article/1879467393078284/
Disclaimer: The views expressed in this article are solely those of the author.