Elon Musk has pledged to give one SpaceX share to every American child starting in 2027. With over 72 million minors in the United States and a share price of $146.03, this distribution would represent approximately $10.5 billion, or about 1.2% of his estimated $900 billion fortune. The world’s richest man would not need to pay this amount in cash, but simply transfer 72 million shares, representing 1.5% of his stake in SpaceX, where he holds approximately 4.8 billion shares. Several uncertainties remain: the distribution could occur before the lock-up period ends in June 2027, and the precise allocation terms have yet to be defined.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
