Space Exploration Technologies Corp. announced the plan on November 3, 2026. It plans to distribute more than 2 million shares to children and teenagers in the U.S. from lower-income families.
The program targets Trump Account holders ages 11 to 17. Eligible families have a median income of $57,000 or less.
SpaceX also plans additional donations for military families and children in foster care. The announcement comes as the company’s stock shows positive momentum, reportedly driven by bullish sentiment around its direct-to-cell telecom ambitions and potential deal activity involving Boost Mobile.