Elon Musk is certainly not an ordinary person; he has popularized Tesla electric cars, launched rockets that land back on Earth, and is now creating flying cars. However, for all his remarkable achievements, he has also made many bold claims that he has failed to deliver on.

This Monday morning, news broke that Musk promised to give one share of SpaceX stock to every child in America.

According to reports, Musk has pledged to give one share of SpaceX stock to all children under 18 in the U.S. next year.

With approximately 73 million children in America and SpaceX's stock price reported at $146.03, that amounts to a staggering $10.66 billion.

In our currency, that translates to over 14 trillion won.

At $146 per child, that's the kind of money that could easily disappear after a family meal out in LA. Still, which parent would refuse free stock?

The question is how concrete this promise really is.

There are no details on how the stocks will be distributed. Will they use accounts in the names of American parents, or will minors receive direct ownership? What about tax implications? There are no explanations.

He simply stated he would give them out. Moreover, he added that this is just the beginning.

That sounds like a typical Musk statement.

In fact, this discussion started when the AI company Anthropic announced it would donate 5% of its stock to a public benefit fund.

Musk argued that instead of putting the stock into a fund, it should be distributed directly to the public.

However, the difference between Anthropic donating stock to a public fund and Musk distributing stock directly to tens of millions of children is significant.

Moreover, Musk has a history of grand promises.

In 2016, he claimed that Tesla would achieve fully autonomous driving across the U.S. by the end of 2017. However, that deadline was not met.

In 2019, he projected that one million robo-taxis would be operational the following year. Again, that promise was not fulfilled.

However, we can't just label Musk as a blowhard.

SpaceX's reusable rockets have indeed changed the economics of the space industry. He has made things happen that others thought were impossible.

So, it's hard to dismiss everything he says, but it's also difficult to take it all at face value.

That said, SpaceX's stock isn't always performing well. After a surge following its IPO in June, it has dropped over 35% from its peak.

Receiving a stock worth $146 now doesn't guarantee it will hold that value next year. As a father, I have these thoughts.

If he really gives out one share each, that would be a generous act. $146 could become $1,000 in 10 or 20 years. Of course, it could also drop to $50.

But before making such a grand announcement about giving stocks to children, shouldn't there be a concrete execution plan?

Reports also indicate that Musk has donated over $276 million to support the Republican Party ahead of this year's midterm elections. While he spends such large sums on politics, I wonder when and how he plans to fulfill his $10.66 billion promise to children.

If next year, American children really receive one share of SpaceX stock in their accounts, I will applaud Musk.

Until then, I plan not to tell my kids that Uncle Musk is giving them stock.

After all, if they get their hopes up and then ask me next year when the stock will arrive, I won't have an answer.

About 20 years ago, there was a rumor that Bill Gates would send $100 to every household in America as a year-end gift, but nothing ever happened.

In contrast, Musk is someone who claims he will send people to Mars. It's not impossible for someone with such ambition to distribute one share of stock to American children.

However, keeping promises on time can often be more challenging than going to Mars.