Business1 min read
Elon Musk says he will give SpaceX shares to 72 million kids
Elon Musk posted early in the morning that he plans to hand out ownership in his space exploration company to every child in the country. He wrote, "next year, I'll give one of my SpaceX shares to every kid in America." Musk currently owns about 4.8 billion shares in the company, which rises to 6.4 billion when counting future stock options.
He stated that this giveaway will be the first of many. That is one creative way to make your children care about stock prices.
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