Every American Kid Gets a SpaceX Share (Mom Will Hold It)
Remember the money relatives gave us when we were little? "Give it to me, I'll keep it safe," Mom would say. We're still waiting to get it back.
Now Elon Musk is promising that next year, in 2027, every child in America will get one share of his company, SpaceX. So a tiny piece of ownership in the company, not cash in hand.
Imagine an Albanian family over there. The kid gets the share. Mom immediately calls the whole extended family:
"My son is now Elon Musk's business partner!"
"Isn't he in second grade?"
"He is, but he can handle both."
By dinner, the news has reached Albania, and the kid doesn't just own a share anymore. "He opened a rocket company with an American."

So how much is the gift really worth? At the October 16 closing price, around $146 per child. In total, more than $10 billion. One share won't change your life, but it's not a pen with the company logo on it either.
According to Trump, the shares will be handed out through investment accounts for children called "Trump Accounts." For now, it's a promise for next year, not a gift already in anyone's hands.

But the best scene would be the parent-teacher meeting:
"Your son isn't paying attention in class."
"I know, teacher. He has a lot of responsibilities now."
"He didn't do his homework!"
"They have a rocket launch this week. When is he supposed to find the time?"
There's just one obstacle in this plan to turn kids into owners while they're young. As soon as the share arrives, you hear Mom's voice:
"Give me the password. I'll give it back when you grow up."
More Musk money drama: Musk vs. Altman, a $150 billion Silicon Valley soap opera.
Photos: SpaceX