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Musk pledges SpaceX shares for every American child

Original: Musk pledges to give a share of his SpaceX company to 'every kid in America'

Elon Musk has pledged to give a share of his rocket company SpaceX to what he called 'every kid in America.' The statement, reported by The Washington Post, was made without accompanying details on how such a giveaway would work, who would qualify, or how shares in the privately held company could be distributed. The scale and feasibility of the pledge are already drawing scrutiny, given SpaceX remains a private firm controlled largely by Musk.

Why now: A billionaire's sweeping promise to hand company shares to all American children is an extraordinary and vague claim that invites questions about feasibility.

Elon MuskSpaceXThe Washington Post

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