Elon Musk says he will give a SpaceX share to ‘every kid in America’

Elon Musk, the largest stockholder of SpaceX with a 10.5% stake totaling 4.8 billion shares, has announced a $1.7 billion stock pledge. Musk stated his intention to provide a SpaceX share to every child in America. This initiative involves his aerospace and artificial intelligence company, which is currently valued at $2 trillion. The move aims to distribute ownership stakes among the youth across the United States, leveraging his significant position within the company's equity structure.