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- Elon Musk Pledges $10.5 Billion in SpaceX Shares to ‘Every Kid in America’ in 2027
SpaceX CEO Elon Musk, 55, posted on X on Monday, October 19, that next year he will give one of his SpaceX shares to every kid in America, calling it the first of many such gifts. The article frames the pledge as part of Musk's willingness to part with billions of dollars in SpaceX shares.
- Elon Musk giveaway would send SpaceX share to 1.57M Tennessee kids
- A SpaceX-Tesla Merger Could Happen Before the End of 2026. Here's What That Could Mean for the Stocks
Elon Musk runs both Tesla and SpaceX, which share overlapping projects and have strong incentives to merge for synergies and easier fundraising. Many analysts see a merger as a question of when, not if, and Barclays' Dan Levy suggests favorable conditions under the Trump administration could speed up a deal, noting Musk reportedly donated $276 million to Republican midterm campaign efforts. Tesla's annual general meeting, which must take place by Dec. 6, could be when a shareholder vote occurs. However, both stocks are highly valued: SpaceX is unprofitable and Tesla trades at a price-to-earnings multiple above 300, so much of the growth potential may already be priced in and a merger announcement may not spark a large surge.
- Musk: Starlink Will Be a “Must-Have for Airlines” as United Races to Install It. Delta Takes the Under.
On Oct. 8, Elon Musk replied “True” to a post saying Starlink will become a must-have for airlines, and those without it will lose customers. United Airlines has Starlink on just under 600 aircraft and, according to Jefferies, expects its whole fleet to have it by the end of 2027, while Delta's Amazon Leo installations don't start until 2028. Musk has accused Delta of making things “painful, difficult, and expensive” for customers, which Delta called inaccurate, and Delta CEO Ed Bastian said on CNBC, “I'm a big fan of Starlink.” The article argues airline contracts are a small part of SpaceX's growth, with revenue consensus rising from $45.3 billion in 2026 to $201 billion in 2028, versus $18.7 billion in 2025.
- What to say to the skeptics during Elon Musk's five-day run
Yahoo Finance Executive Editor Brian Sozzi reviews Elon Musk's five-day run, which included unveiling an electric Tesla (TSLA) car that he says can fly and perform barrel rolls, and a plan to give every kid in the U.S. one share of SpaceX (SPCX) starting next year. Sozzi responds to skeptics who view these moves as a distraction from weak upcoming earnings at SpaceX and Tesla, or as an effort to repair Musk's image after DOGE, arguing that critics should look at the facts. He says the share giveaway could be worth billions of dollars and that the past five days have been remarkable for Musk and the country, while stating he is not simply fanboying for Musk.
- Flying Teslas and SpaceX stock giveaways: What's Elon Musk up to?
Yahoo Finance Executive Editor Brian Sozzi shares his takeaways from a week of activity by Elon Musk, founder of SpaceX (SPCX) and Tesla (TSLA). During this period, Musk introduced the world's first flying car and announced a SpaceX stock giveaway for every child in America.
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Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.
- Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.
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