Elon Musk pledged on Monday to give one share of his company SpaceX to “every kid in America” next year.
The commitment, valued at $10.66bn, was announced without further details on how the share pledge will be carried out.
Scope of the pledge
Musk did not provide additional information on the mechanics of distributing the shares or the timeline beyond next year.
The pledge covers all children in the United States, according to the announcement.
Next steps
No further specifics were offered on eligibility criteria or the method of transfer. Further announcements may follow.
