Musk pledges to give 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. The offer arrived a day after artificial intelligence company Anthropic announced in a social media post that it will commit 5% of its shares to a new “public benefit” fund. In a response to that Sunday post, Musk wrote “I recommend giving the shares directly to the public.” SpaceX’s stock closed at $146.03 on Friday. Anthropic said Sunday that the shares it is committing will go to the Anthropic Public Benefit Fund, a new entity within the company. The fund’s worth will potentially increase as the shares grow in value.