Tech giant and SpaceX CEO Elon Musk has caught the world's attention with another sensational announcement. He has promised to give every child in America one share of his SpaceX company for free next year. He made this announcement on the social media platform 'X'.

"Next year, I will give every child in America one of my SpaceX shares. This is just the first of its kind," Musk said in his post. He has once again made headlines with this announcement.

It is noteworthy that Musk made this announcement about four months after SpaceX's public issue (IPO) in June 2026. However, he did not disclose the details of how these shares will be distributed and what the eligibility criteria are. Will the shares be given directly to the children? Or will they be deposited in accounts under the control of their parents and guardians? It remains to be seen whether there are any clarity on this.

According to current estimates.. There are about 72 million children under the age of 18 in the United States. SpaceX's share price is currently trading at $146. Based on this estimate, analysts believe that this massive project announced by Musk will cost around $10.5 billion (Rs. 99,707 crores). Everyone is eagerly awaiting the full details of the implementation of this massive project.