Musk Pledges SpaceX Shares to U.S. Children

Elon Musk, the founder of SpaceX, has publicly stated his intention to distribute shares of the aerospace company to all children in the United States. The announcement was made on social media shortly after AI firm Anthropic revealed its own plan for share allocation.

Anthropic stated it would place 5% of its shares into a new "public benefit fund" following its upcoming initial public offering. This fund is intended for significant donations to traditional nonprofits or direct distributions to specific populations.

Specific details regarding Musk's pledge, such as the exact number of shares, the distribution method, or the timeline, have not yet been provided. The commitment has sparked discussion regarding its feasibility and implications.

SpaceX, a privately held space exploration corporation, is recognized for its Falcon rocket series and the Starlink satellite internet constellation. The company's valuation has seen substantial growth in recent years.