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Elon Musk says he will give SpaceX stock to kids

Original: Elon Musk says he is going to give SpaceX stock away to kids

Elon Musk has said he plans to give away SpaceX stock to children, according to Yahoo Finance. The announcement, if carried out, would put ownership in one of the world's most valuable private companies into the hands of young people. Details on how many children would receive shares, how they would be selected, and the timeline have not been provided.

Why now: Musk's surprise pledge about distributing ownership of SpaceX is an unusual and consequential statement from one of the world's richest people.

Elon MuskSpaceX

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