Elon Musk defended his plan to distribute shares in his companies to the public and said that next year he will give every child in America SpaceX shares via Trump accounts, with more such donations possibly to follow. Michael and Susan Dell had earlier donated $250 to 25 million eligible children through these accounts. In a post on X, Musk responded to a user who suggested SpaceX's total addressable market (TAM), put at $28.5 trillion in its pre-IPO prospectus, could be higher, saying, “We were wrong. It is vastly higher than that,” but gave no further details. He also said rivals such as Rocket Lab and Blue Origin, backed by Jeff Bezos, still lag behind the current technology of the Starship rocket.
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TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.71 |
| Change that session | +1.54% |
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