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Musk says he will give one SpaceX share to every child in the US next year

The pledge, posted on X, would be worth about $10.5 billion at Friday's share price, but Musk has not said who will qualify, how the shares will be transferred or what taxes families might face.

ScrollBeat DeskPublished: 19 Oct 2026, 20:15

Elon Musk speaking at the Conservative Political Action Conference in National Harbor, Maryland, in February 2025. Gage Skidmore / Wikimedia Commons

Elon Musk says he will give one of his SpaceX shares to every child in the United States next year, a promise that would be worth about $10.5 billion at the company's current share price if carried out in full.

Musk announced the plan in a post on X early on Monday. "Next year, I will give one of my SpaceX shares to every kid in America," he wrote, adding that it would be "the first of many".

SpaceX, the rocket and satellite company Musk founded in 2002, is not listed on a stock exchange and its shares are traded privately. They were valued at $146.03 on Friday. With about 72 million to 73 million children under 18 in the United States, one share each would amount to roughly $10.5 billion.

Musk, the world's richest person, has not explained how the giveaway would work. It is not clear which children would qualify, how stock in a private company would be transferred to them, or whether families would have to complete paperwork or pay tax. SpaceX is due to report quarterly results on Tuesday.

The pledge came a day after Anthropic, the artificial intelligence company behind Claude, said it would place 5% of its shares in a public benefit fund. Musk replied to Anthropic's post to suggest it give the shares "directly to the public", then said he would do the same.

The Trump administration has set up investment accounts for children, known as Trump Accounts, that can accept stock donations. It is not known whether Musk's plan would use that system. SpaceX president Gwynne Shotwell and her husband have previously pledged shares for more than 2 million children, according to reports.

Because SpaceX stock is closely held, the practical value to each child would depend on how and when the shares could be sold. Musk gave no timetable beyond 2027.

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Finance and planning adviser Rashed Al Mahmud Titumir at a journalist briefing in Lalmonirhat on 24 March 2026. Press Information Department (PID), Bangladesh

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Dhaka Board publishes SSC scholarship list with Tk 600 a month for merit

The 2026 list covers students under the Dhaka education board; awards run from July 2026 to June 2028 and include an annual grant for books and equipment.

ScrollBeat Desk19 Oct 2026, 21:28Open this article

A classroom at Habibullah Bahar College in Dhaka on 27 March 2018. Representative photo; it is not from the scholarship announcement. Yahya / Wikimedia Commons

The Dhaka Secondary and Higher Secondary Education Board published its list of 2026 SSC scholarship recipients on Monday, with merit scholars set to receive Tk 600 a month and general scholars Tk 350.

Each merit scholarship holder will also get Tk 900 a year for books and equipment, while general scholarship holders will receive Tk 450, the board said. The awards run for two years, from July 2026 to June 2028.

Scholarship students will not pay tuition, and the board has told approved institutions not to charge them monthly fees. It warned that a head teacher or principal who demands payment from a scholarship holder could face disciplinary action.

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