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Elon Musk's Bold Plan to Gift SpaceX Shares to Every American Child Sparks Mixed Reactions

Elon Musk's Bold Plan to Gift SpaceX Shares to Every American Child Sparks Mixed Reactions

Trump thanks Elon Musk for ‘incredible generosity’ over plan to give SpaceX shares to every US child
Trump thanks Elon Musk for ‘incredible generosity’ over plan to give SpaceX shares to every US child

Elon Musk pledges one SpaceX share to every American child next year, while details of the proposed giveaway remain unclear.

Elon Musk’s promise to give SpaceX stock to kids is no gift: Mark Gongloff
Elon Musk’s promise to give SpaceX stock to kids is no gift: Mark Gongloff

SpaceX shares: Elon Musk pledges one share to every American child, raising serious legal questions about the feasibility and true motives behind this unexpected social media announcement...

Elon Musk wants every American kid to own a SpaceX share
Elon Musk wants every American kid to own a SpaceX share

The first stock you own probably won’t make you rich. What it changes is how you see money, because you stop being only a customer and start being an owner. That idea drives Trump Accounts, the...

Trump praises Elon Musk's $10 billion SpaceX stock pledge for kids
Trump praises Elon Musk's $10 billion SpaceX stock pledge for kids

Elon Musk and Trump have a rocky relationship, but on Monday, the president called the SpaceX CEO a "legendary friend."

Elon Musk says money may become 'irrelevant,' his fortune could vanish
Elon Musk says money may become 'irrelevant,' his fortune could vanish

Elon Musk says "money becomes irrelevant" in a multiplanetary economy, and nearly all of his fortune will be taxed away within a few generations.

Elon Musk says he'll give a SpaceX share to every child in America next year
Elon Musk says he'll give a SpaceX share to every child in America next year

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 says he’ll give every kid in America a SpaceX share in 2027
Elon Musk says he’ll give every kid in America a SpaceX share in 2027

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 Says He Will Give One SpaceX Share ‘to Every Kid in America’ — a Giveaway That Would Amount to Over $10.5 Billion
Elon Musk Says He Will Give One SpaceX Share ‘to Every Kid in America’ — a Giveaway That Would Amount to Over $10.5 Billion

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...

SpaceX Stock Climbs After Musk Gift Pledge; Analysts Predict Tesla Merger Price
SpaceX Stock Climbs After Musk Gift Pledge; Analysts Predict Tesla Merger Price

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 and Anthropic Compete to Share AI Wealth with the Public Amid Job Loss Concerns

SpaceX, Anthropic plan to share wealth with the public amid concern AI could trigger job losses
SpaceX, Anthropic plan to share wealth with the public amid concern AI could trigger job losses

Elon Musk pledged SpaceX shares to every American child, a day after Anthropic announced plans to allocate 5% of its equity to the public.

Who gets a share of AI wealth? Anthropic and Musk have different answers
Who gets a share of AI wealth? Anthropic and Musk have different answers

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

Anthropic and Elon Musk offer competing visions for sharing AI wealth
Anthropic and Elon Musk offer competing visions for sharing AI wealth

Anthropic plans to dedicate 5% of its equity to a public-benefit fund, while Musk has pledged a SpaceX share for every American child. Their proposals come as the AI industry faces mounting...

Anthropic Gives 5% of Itself to the Public. Musk Answers by Giving Away SpaceX Shares
Anthropic Gives 5% of Itself to the Public. Musk Answers by Giving Away SpaceX Shares

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 Anthropic make promises to give the public a piece of the AI pie
Elon Musk and Anthropic make promises to give the public a piece of the AI pie

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.

Anthropic plans fund for workers threatened by AI, Musk counters with SpaceX shares for children
Anthropic plans fund for workers threatened by AI, Musk counters with SpaceX shares for children

Anthropic wants to put five percent of its shares into a new public benefit fund that will also look into direct payments to workers at risk of losing their jobs. The fund is a company-owned LLC,...

Anthropic silent on whether it will distribute shares to Americans following Musk SpaceX pledge
Anthropic silent on whether it will distribute shares to Americans following Musk SpaceX pledge

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...

Elon Musk Promises SpaceX Shares for Every Child in America

Musk pledges SpaceX share giveaway to every US child
Musk pledges SpaceX share giveaway to every US child

The announcement comes as tech firms seek to win over an increasingly skeptical public.

Elon Musk says he’ll give a SpaceX share to every American child
Elon Musk says he’ll give a SpaceX share to every American child

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.

Elon Musk: I'll Give a SpaceX Share to Every Child In America
Elon Musk: I'll Give a SpaceX Share to Every Child In America

Musk's new plan comes after Anthropic promised to commit 5% of its shares to a scheme it calls the Public Benefit Fund.

Elon Musk Says He Will Give a SpaceX Share to ‘Every Kid in America’
Elon Musk Says He Will Give a SpaceX Share to ‘Every Kid in America’

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 pledges SpaceX share for every US child next year
Musk pledges SpaceX share for every US child next year

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.

Elon Musk pledges a share of his SpaceX company to 'every kid in America'
Elon Musk pledges a share of his SpaceX company to 'every kid in America'

Billionaire Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year

Musk Vows to Give Each U.S. Child a SpaceX Share
Musk Vows to Give Each U.S. Child a SpaceX Share

The world’s richest person made the announcement following similar pledges by Anthropic and other high-profile billionaires.

Anthropic Allocates 5% of Shares to Public Benefit Fund Aimed at Addressing AI Impact

Anthropic commits 5% of its stock to a new 'public benefit' fund
Anthropic commits 5% of its stock to a new 'public benefit' fund

Anthropic is committing 5 percent of its shares to a new public benefit fund to support social impact initiatives, including potential labor market interventions amid rapid AI growth.

Anthropic commits 5% of its stock to a new 'public benefit' fund
Anthropic commits 5% of its stock to a new 'public benefit' fund

Anthropic says it is committing 5% of its shares to a new “public benefit” fund, with the amount potentially increasing as its shares grow in value

Anthropic pledges 5% of its shares to new public benefit fund
Anthropic pledges 5% of its shares to new public benefit fund

Anthropic has committed $200 million to study AI's impact on jobs and plans to disclose its public benefit fund's governance in coming months.

Anthropic to Set Aside 5% Stock for New Public Benefit Fund
Anthropic to Set Aside 5% Stock for New Public Benefit Fund

Anthropic plans to allocate 5% of its shares to a new public benefit fund, which could support initiatives addressing AI-driven job displacement and other societal challenges.

Anthropic commits 5% of shares to new public benefit fund that could address AI job disruption
Anthropic commits 5% of shares to new public benefit fund that could address AI job disruption

The Claude maker said that establishing the fund as an LLC will provide greater flexibility in how the money is used.

Anthropic pledges 5 percent of stock to public benefit initiative
Anthropic pledges 5 percent of stock to public benefit initiative

The artificial intelligence firm Anthropic announced it will commit 5 percent of its shares to its new public benefit fund as the industry faces heat over its potential impact on society and the...

Anthropic pledges at least 5% of shares to public-benefit fund
Anthropic pledges at least 5% of shares to public-benefit fund

Anthropic is gearing up for a record-breaking IPO in the face of increasingly negative public reactions to AI’s technological advances.

Who benefits from AI’s wealth? Anthropic sets aside 5% stake for public good
Who benefits from AI’s wealth? Anthropic sets aside 5% stake for public good

Anthropic plans to dedicate 5 per cent of its shares to a public benefit fund, with potential support for non-profits and initiatives addressing AI-driven job disruption

Musk and Anthropic pledge public share giveaways
Musk and Anthropic pledge public share giveaways

Musk's announcement comes after Anthropic pledged to create a public benefit fund ahead of its blockbuster stock market listing.

Elon Musk Plans to Gift SpaceX Shares to Every Child in America

Musk says he will give SpaceX share to every child in US
Musk says he will give SpaceX share to every child in US

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 says he will give one SpaceX share to every child in US
Elon Musk says he will give one SpaceX share to every child in US

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.

Elon Musk to give away SpaceX shares to every American child next year
Elon Musk to give away SpaceX shares to every American child next year

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...

Elon Musk announces to gift SpaceX shares to all American children
Elon Musk announces to gift SpaceX shares to all American children

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...

Elon Musk Announces Plan to Gift SpaceX Shares to Every American Child by 2027

Elon Musk says he'll give a SpaceX share to every American child
Elon Musk says he'll give a SpaceX share to every American child

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 pledges to give one SpaceX share to every American child next year — a gift worth roughly $10.5 billion
Elon Musk pledges to give one SpaceX share to every American child next year — a gift worth roughly $10.5 billion

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...

Elon Musk to gift one SpaceX share to each American child in 2027
Elon Musk to gift one SpaceX share to each American child in 2027

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.

Elon Musk Says SpaceX’s $28.5 Trillion Market Estimate Was Wrong, Insisting The Real Figure Is "Vastly Higher" Than Its IPO Filing
Elon Musk Says SpaceX’s $28.5 Trillion Market Estimate Was Wrong, Insisting The Real Figure Is "Vastly Higher" Than Its IPO Filing

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....

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