Anthropic will dedicate 5 per cent of its shares to a public-benefit fund, while Elon Musk has pledged SpaceX shares to American children, offering two different ways to distribute technology wealth
Musk's announcement comes after Anthropic pledged to create a public benefit fund ahead of its blockbuster stock market listing.
Anthropic committed 5% of its shares to a public benefit fund, and within hours Elon Musk promised a SpaceX share to every American child.
Elon Musk and officials at AI giant Anthropic are pledging to give coveted shares in their companies to the general public as concerns about AI’s economic and societal impact continue to pile up.
Artificial intelligence giant Anthropic remained mum on whether the company would consider giving away shares it pledged to a public benefit fund directly to Americans. The company announced...
SpaceX boss Elon Musk said Monday that he'll give one of his shares in the company to every child in the U.S. next year.
Elon Musk has said he plans to give one SpaceX share to every child in the US next year, potentially reaching 73 million children. Details of the proposed giveaway remain unclear.
Tech mogul Elon Musk said Monday he will give every child in the U.S. one share of SpaceX next year. "This will be the first of many," Musk wrote in a post on the social platform X, which he also...
Elon Musk has pledged to give every American child one of his SpaceX shares next year, shortly after rival AI company Anthropic said it would set aside a 5% stake for public benefit.
Billionaire Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year
Will your child become a SpaceX shareholder? They will if Elon Musk lives up to his promise — something he doesn't have a very good track record of doing.Early Monday morning, in a post on his...
Elon Musk pledged to distribute a share of SpaceX to each American child, posting the move just hours after artificial intelligence competitor Anthropic PBC said it would set aside a portion of...
Musk explained the plan on his X platform. He didn't elaborate, so we don't know details such as what ages will qualify for a free share, how he intends to distribute them, and exactly when the...
The world’s richest person made the announcement following similar pledges by Anthropic and other high-profile billionaires.
SpaceX (NASDAQ: SPCX) founder and CEO, Elon Musk announced early Monday that every child in the United States will receive one unit each of his shares in the Starship maker next year. Musk...
Elon Musk pledged to give a share of his SpaceX stock to "every kid in America." SpaceX stock is up about 1% on Monday.
Musk's new plan comes after Anthropic promised to commit 5% of its shares to a scheme it calls the Public Benefit Fund.
The announcement came after rival AI company Anthropic said it would allot a portion of its shares to a public benefit fund on an ongoing basis.
Anthropic, an A.I. rival to SpaceX, earlier said it would form a "public benefit fund" and other tech moguls have contributed to savings accounts for children.
Musk's post came just a few hours after Anthropic promised to put 5% of its shares into a new "public benefit fund," which it intends to use to make "large donations to traditional nonprofits or...
Some of the stock and money will be given away to the public
Elon Musk's plan to gift SpaceX shares to U.S. children in 2027 would be worth equivalent to roughly $10.5 billion at current market prices.
Elon Musk Elon Musk announced on X early Monday that he plans to give one of his personal SpaceX shares to every kid in America next year, calling it "the first of many." Next year, I will give...
Is Elon Musk aiming to share a piece of his staggering wealth — or is he trying to build a new generation of investors in his SpaceX? Early Monday, the tech mega-billionaire posted on X, "Next...
Tesla and SpaceX CEO Elon Musk plans to hand one SpaceX share to each American child in 2027. Based on Friday's closing price, the giveaway would cost nearly $10.7 billion.
SpaceX's CEO Elon Musk believes that the $28.5 trillion total addressable market (TAM) outlined by the firm in its IPO filings earlier this year is significantly lower than the actual figure....
Quick Highlights The pledge: Elon Musk says he will give one SpaceX share to every child in America in 2027. 72 million children: Roughly 72 million Americans under 18 could qualify for the...
Elon Musk says he plans to give one of his SpaceX shares to every child in the US starting next year. With around 72 million children in the US as of July 2025, Musk would be giving away about...
Elon Musk has promised to distribute his SpaceX share to every child in the United States from 2027, without detailing how the plan would work. The announcement comes as the billionaire holds a...
Tesla flying Roadster: Elon Musk confirms SpaceX share giveaway for American children starting next year. Pre-bookings open in India for the new vehicle with production slated for 2028 after viral...
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