# Musk pledges $10bn in SpaceX shares for US children: Who really gains?

https://mins.news/en/item/109699

- Al Jazeera, 2026-10-21 14:41 UTC
- Politics
- Original: https://www.aljazeera.com/news/2026/10/21/musk-pledges-10bn-in-spacex-shares-for-us-children-who-really-gains?traffic_source=rss

> Elon Musk says he will give every child in the United States one SpaceX share next year, a gift valued at about $10.7bn at Friday’s closing price. Donald Trump said the shares would go into tax-friendly Trump accounts. Musk has not specified eligibility or distribution details; the pledge comes two weeks before the midterms and could also save him money on taxes.

## Related coverage

- [Musk’s SpaceX stock gift is ‘tip of the iceberg’ for Trump Accounts, Gerstner says](https://mins.news/en/item/109777) — CNBC, 2026-10-21
- [Musk says he will give SpaceX shares to ‘every kid in America’](https://mins.news/en/video/106941) — The Associated Press, 2026-10-19
- [Musk pledges SpaceX shares worth more than $10bn to US children](https://mins.news/en/item/106428) — euronews, 2026-10-19
