After Dario Amodei’s donation, Elon Musk makes a promise to every kid in America
Elon Musk announced plans to distribute SpaceX shares to every American child following Anthropic's decision to donate a portion of its equity to a public benefit fund. Musk has previously expressed views on AI-driven abundance and universal income.
Why it matters
The announcement highlights the intersection of billionaire philanthropy, AI development, and speculative economic theories regarding the future of work.
Elon Musk, the world’s richest man has announced to give every American kid a slice of his SpaceX shares. “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many,” the tech billionaire wrote on X (formerly Twitter). Musk’s post comes after Claude-maker Anthropic announced to donate a portion of the company’s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. The company led by Dario Amodei said that for every 50% increase in the company’s value over a set baseline, it will contribute up to an extra 2%.Elon Musk’s net worthElon Musk has an estimated net worth of $904 billion. As per the SEC filing in August, he owns about 4.8 billion SpaceX shares.
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