Musk pledges to give ‘every kid in America’ one of his SpaceX shares
That’s more than $10 billion in shares, or around 1% of Musk’s current net worth.
Read the full story on TechCrunch.
That’s more than $10 billion in shares, or around 1% of Musk’s current net worth.
Read the full story on TechCrunch.
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 giveaway will take place in 2027.
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Elon Musk’s pledge covers shares from his own stake, and he says it is only the first giveaway. He posted the pledge on X early on Monday, hours after Anthropic set out its own share plan. “Next year, I will give one of my SpaceX shares to every kid in America.
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Anthropic said that it will commit 5% of its shares to the fund.
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