Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Space Exploration Technologies Corp. CEO Elon Musk defended his plan to distribute shares in his companies to the public on Monday. The billionaire owner also hinted that SpaceX's market opportunity could be significantly larger than the $28.5 trillion estimate outlined in its pre-IPO prospectus. Elon Musk Touts 'Future Economy' User Geiger Capital, in a post on the social media platform X, said that Musk's move to donate shares to Children will let them "directly own a piece of American exceptionalism." Absolutely incredible… Elon once again showing the Billionaire class how it's done.
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