Musk’s Promise to Give SpaceX Stock to Kids Is No Gift

Promises, promises.
Promises, promises. Photographer: Kevin Dietsch/Getty Images
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Takeaways by Bloomberg AI

One of the great joys, but also miseries, of following business news over the past decade or so has been riding the dodgy roller coaster of the Elon Musk experience. He has gone from a guy people considered a real-life Tony Stark to something more like a modern-day Henry Ford, in the worst possible way, with countless gut-wrenching twists in between.

At no point, however, did anybody think: “Hey, you know who’s missing out on this? Children.” Until today.

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