{"id":7050,"date":"2026-10-19T09:57:04","date_gmt":"2026-10-19T09:57:04","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=7050"},"modified":"2026-10-19T09:57:04","modified_gmt":"2026-10-19T09:57:04","slug":"elon-musk-pledges-to-give-every-child-in-america-a-spacex-share-next-year","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=7050","title":{"rendered":"Elon Musk pledges to give every child in America a SpaceX share next year"},"content":{"rendered":"
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A ‘Barron’s Roundtable’ panel discusses Tesla CEO Elon Musk’s plans to showcase the company’s flying car, the Tesla Roadster.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Elon Musk has pledged to give every child in America one share of SpaceX next year, signaling that the planned giveaway could be the first of several.<\/p>\n
“Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many,” he wrote in a Monday post on X.<\/p>\n
The pledge followed an exchange with artificial intelligence company Anthropic over its plans to dedicate a portion of its equity to public benefit initiatives.<\/p>\n
TESLA’S NEW ROADSTER MAKES A FLYING DEBUT, HITTING 60 MPH IN UNDER A SECOND<\/strong><\/p>\n
Elon Musk speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026.<\/span> (Fabrice COFFRINI \/ AFP via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
On Sunday, Musk urged Anthropic to distribute shares directly to the public after the company outlined its plans for the Anthropic Public Benefit Fund.<\/p>\n
Tesla and SpaceX CEO Elon Musk (L) receives the National Medal of Science from U.S. President Donald Trump during the Golden Age of American Innovation Summit at the Institute of Peace on Oct. 08, 2026 in Washington, D.C.\u00a0<\/span> (\u00a0Win McNamee\/Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
“We\u2019re committing a portion of Anthropic\u2019s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. It will start off with 5% of our shares. For every 50% increase in the company\u2019s value over a set baseline, we can contribute up to an extra 2%, subject to our board\u2019s discretion. In total, this means that roughly 20% of Anthropic\u2019s shares are committed to the public good,” Anthropic noted in a Sunday post on X.<\/p>\n
“Our co-founders have already pledged to donate 80% of their equity, and around half our employees are donating a portion of their equity as part of a donation matching program we\u2019ve run since our founding,” the company added.<\/p>\n
Anthropic Co-founder and CEO Dario Amodei arrives to the Eisenhower Executive Office Building on Sept. 29, 2026 in Washington, DC.\u00a0<\/span> (Finn Gomez\/Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
Responding to Anthropic’s announcement, Musk wrote, “I recommend giving the shares directly to the public.”<\/p>\n
He then indicated that he intended to follow that approach himself.<\/p>\n
“This is what I will be doing,” he added in another post.<\/p>\n
CLICK HERE TO GET FOX BUSINESS ON THE GO<\/strong><\/p>\n
Musk followed up Monday with his pledge to distribute SpaceX shares to American children, although he did not provide details about how the proposed giveaway would work.<\/p>\n<\/div>\n
A ‘Barron’s Roundt… <\/p>\n","protected":false},"author":1,"featured_media":7051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1177,3868,1688,87,993,2857,12,573,85],"class_list":["post-7050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-america","tag-child","tag-elon","tag-give","tag-musk","tag-pledges","tag-share","tag-spacex","tag-year"],"yoast_head":"\n
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![\"Elon](\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/elon-musk-wef.png?ve=1&tl=1\")
<\/source><\/source><\/source><\/source><\/picture><\/div>\n![\"Elon](\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/931\/523\/elon-musk-trump-scaled.jpg?ve=1&tl=1\")
<\/source><\/source><\/source><\/source><\/picture><\/div>\n![\"Anthropic](\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/09\/931\/523\/anthropic-ceo-dario-amodei.jpg?ve=1&tl=1\")
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