Musk pledges SpaceX shares to US children after Anthropic fund
Briefing by News4U · First published
Elon Musk said he will give one SpaceX share to every US child in 2027, following Anthropic's plan to commit 5% of shares to a public benefit fund.
Anthropic announced it will place 5% of its shares in a public benefit fund for donations to nonprofits and efforts addressing AI's impact on jobs, with another 2% possible at board discretion, ahead of a potential IPO valuing the firm above $1tn. [1] [2]
Hours later, Elon Musk replied on X that shares should go directly to the public and pledged to give one SpaceX share to every child in America in 2027, calling it the first of many donations. [1] [2]
Musk owns about 849 million Class A and 5.5 billion Class B SpaceX shares; the gift could exceed $10bn at the current $146 share price. [2]
Sources
- Musk and Anthropic pledge public share giveaways
BBC Business · · Full text
- Musk pledges to give ‘every kid in America’ one of his SpaceX shares
TechCrunch · · Full text