BusinessPhoto: Deccan HeraldElon Musk Pledges SpaceX Shares to 72 Million American Children
Elon Musk, CEO of SpaceX, pledged to donate one share of SpaceX stock to each of the 72 million children in the United States. Musk described this as the first of many such gifts. Despite the stock's recent stagnation since its June IPO, SpaceX holds billions in US government contracts and aims to increase revenue from under $19 billion in 2023 to $1 trillion by 2030. The donation would cost Musk about $10.5 billion, slightly reducing his net worth.
Deccan Herald·




