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Elon Musk announced a plan to give every child in the United States a share of SpaceX, according to the report. The pledge follows similar commitments reportedly made by Anthropic and other prominent technology figures, though specifics on timing, funding, or implementation were not detailed.
Elon Musk said on X that he plans to give one of his SpaceX shares to every child in the United States starting next year, calling it 'the first of many' such giveaways. Based on roughly 72 million children under 18 and SpaceX's recent closing price of $146.03, the pledge would be worth about $10.5 billion. Musk gave no details on timing or mechanics, and SpaceX has not yet responded to requests for comment.
Elon Musk announced plans to give one SpaceX share to every child in the United States beginning next year. With roughly 72 million children in the country as of July 2025, the pledge would amount to about $10.5 billion in shares, according to CNBC. The announcement comes as Musk has also been making large political donations, including $158 million to the Senate Leadership Fund PAC and $76 million to his own America PAC.
Elon Musk announced on X that he will give one SpaceX share to every child in America starting next year, calling it 'the first of many' such giveaways. He gave no details on eligibility ages, distribution method, or exact timing, but the plan would reportedly cover about 72 million minors, worth roughly $10.5 billion at SpaceX's current $146 share price.
A new analysis of AI hiring trends finds that engineers are less swayed by billionaire founders' personal pitches, grand visions, or unusual recruiting tactics than by whether a company has a real, shippable product. The report cites examples like Mark Zuckerberg personally delivering soup to OpenAI researchers and Elon Musk promising to read every SpaceX AI application himself as signs of how aggressive recruiting has become, even as such gestures reportedly fail to outweigh practical considerations for candidates.
SpaceX has agreed to acquire a large tranche of low-band spectrum to expand Starlink, following its roughly $20 billion EchoStar spectrum purchase last year and the FCC's approval of 15,000 next-generation Starlink satellites. Analyst Walter Piecyk of LightShed Partners says these moves show SpaceX is now serious about competing directly with AT&T, Verizon and T-Mobile for wireless customers.
President Trump said Friday that neither he nor Elon Musk directed restrictions on Starlink and Starshield service to Ukraine's armed forces this week. Ukrainian officials had reported SpaceX cut off connectivity without warning for drones and vehicles exceeding 160 km/h, disrupting military operations, while Musk said the Starshield systems are government-owned and controlled.
Ukrainian military and government officials said this week that sudden restrictions on Starshield, SpaceX's military-grade satellite internet service, interrupted drone operations and communications. Commanders reported lost drones and disrupted missions tied to the outage, raising concerns about who controls access to the system.
At a SpaceX facility in McGregor, Texas, Tesla staged a driverless demonstration of its long-delayed Roadster 2, launching the car into a jump, flip and landing cushioned by onboard thrusters. Vehicle engineering chief Lars Moravy told Hagerty the car uses rear-wheel drive, two motors producing over a megawatt of power and 1,400 Nm of torque, more than Tesla's three-motor Plaid models.
Tesla unveiled an updated, production-intent second-generation Roadster at a Texas event, demonstrating it driving up a ramp and holding vertically on a wall via underbody suction fans, then flipping upside down and performing a barrel roll using SpaceX-derived cold gas thrusters. Engineering VP Lars Moravy said the suction system can generate up to 2Gs, and the car also hopped over a row of parked Tesla vehicles during the demo.
Blue Origin announced a $330 million expansion of its Rocket Park campus in Cape Canaveral, adding two launch and landing pads for its New Glenn rocket and boosting upper-stage production capacity to 150 units annually. The expansion, expected to finish by summer 2027, aims to support multiple New Glenn launches per week by the end of the decade, the company said in a blog post from SVP Ian Richardson.
SpaceX has requested federal permission to conduct as many as 456 Starship launches annually from its Florida facilities, according to the report. The proposal would mark a massive increase from the company's current launch cadence, reflecting Elon Musk's long-stated goal of operating Starship with airline-like frequency.