Elon Musk posted on Oct 19 at 07:52 UTC that "Next year, I will give one of my SpaceX shares to every kid in America" and "This will be the first of many" (post). Crypto accounts quickly recirculated it, including WatcherGuru and Cointelegraph. The 72 million share and $10.5 billion figures are not in Musk's post, they are math added by reposters using about 72M US children under 18 and Friday's $146.03 SPCX close (Coinbureau, TheXNote). Coinbureau also claims Musk agreed in a follow up that shares would go through Trump Accounts, but no reply post link was provided in the material. No eligibility rules, claim process or distribution date were in Musk's post, and Coinbureau notes they are still unannounced. SPCX was trading near $145 spot and $147.7 perpetual on Oct 19 (quotes), so current reposter math implies about $145 to $146 per child before any price move. In short, confirmed so far is a two line pledge from Musk, everything about size, value and Trump Accounts is others' interpretation.
Elon Musk posted on Oct 19 at 07:52 UTC that "Next year, I will give one of my SpaceX shares to every kid in America" and "This will be the first of many" (post). Crypto accounts quickly recirculated it, including WatcherGuru and Cointelegraph. The 72 million share and $10.5 billion figures are not in Musk's post, they are math added by reposters using about 72M US children under 18 and Friday's $146.03 SPCX close (Coinbureau, TheXNote). Coinbureau also claims Musk agreed in a follow up that shares would go through Trump Accounts, but no reply post link was provided in the material. No eligibility rules, claim process or distribution date were in Musk's post, and Coinbureau notes they are still unannounced. SPCX was trading near $145 spot and $147.7 perpetual on Oct 19 (quotes), so current reposter math implies about $145 to $146 per child before any price move. In short, confirmed so far is a two line pledge from Musk, everything about size, value and Trump Accounts is others' interpretation.
SpaceX