Elon Musk Promises SpaceX Shares to Every Child in the US
In a social media post, Elon Musk claimed that he will give a SpaceX share to every child in the US next year. This commitment raises legal questions.
In a post on the X platform, Elon Musk claimed that he would give one SpaceX share to every child in the US next year. This informal statement, which has no legal binding, brought along many logistical and legal questions.
Elon Musk's post early Monday morning contains uncertainties such as whether the shares will cover all minors under 18 or only younger children, or whether they will be limited to US citizens. While there are approximately 72 million legally minor children in the United States, it is stated that the total cost of this distribution could exceed $10.5 billion when calculated based on SpaceX shares being at $146.03 based on Friday's closing price.
Assessment: This move is interpreted as an effort by tech companies to shape public perception, compared to Anthropic's initiative to establish a public interest fund and similar political promises during the election period.
Sources
- gizmodo.com · Link