Elon Musk has pledged to distribute one share of SpaceX to every child in America next year, which could total around $11 billion based on current stock prices. He made this announcement on X, but did not specify whether 'kid' refers to all minors or a different group. Musk's plan follows Anthropic's recent news of establishing a public benefit fund. The Census Bureau reports over 72 million individuals under 18 in the U.S.
Key facts
- Elon Musk announced a plan to give one SpaceX share to every child in America.
- The giveaway could be valued at approximately $11 billion.
- There are over 72 million individuals under 18 in the U.S. according to the Census Bureau.
- Musk's announcement follows Anthropic's creation of a public benefit fund.
- Musk's SpaceX shares are valued at $146.03 each as of Friday's closing price.
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