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SpaceX Shares Rise 1.5% in Premarket Trading

SpaceX CEO Elon Musk outlined plans to give one share of the company to every U.S. child next year. The proposal could reach more than 70 million children; details are limited.

SPCX

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12:04:10 PM UTC
SquawkNews
SpaceX (SPCX) and Tesla (TSLA) CEO Elon Musk announced on Monday that he plans to give away one SPCX share to every child in the U.S. next year.“This will be the first of many,” he wrote in a post on X. According to public data, there are around 70 million Americans below the age of 18. At SPCX sto…

SpaceX NASDAQ:SPCX shares climbed 1.5% in premarket trading Monday after CEO Elon Musk outlined plans to give one share of the company to every child in the United States next year.The proposal could extend SpaceX stock ownership to more than 70 million children nationwide, although details on elig…