SpaceX CEO Elon Musk announced that every child in the United States will receive a free share of his rocket and satellite company. Musk revealed this decision on the X platform.
The program is scheduled to begin next year, Musk stated. He added that this initiative is a first step towards encouraging American youth to engage in stock market ownership.
SpaceX entered the Nasdaq market through an Initial Public Offering (IPO) on June 12 of this year. The company's entry into the stock market has been a topic of discussion.
This announcement has drawn attention globally. Many have expressed their approval of Musk's decision.