India, Oct. 19 -- Elon Musk, the world's richest person and the founder of SpaceX, has announced plans to give one of his SpaceX shares to every child in the United States in 2027.

Musk shared the announcement in a post on X early Monday. "Next year, I will give one of my SpaceX shares to every kid in America," he wrote. He also added, "This will be the first of many," suggesting that he may have plans for more giveaways in the future, according to Business Insider.

The proposed giveaway could cover around 72 million children across the United States. At SpaceX's current share price, the shares distributed among these children would be worth approximately $10.5 billion in total, according to Business Insider.

Each SpaceX share is curre...