From The Economic Times · AP · · 50s
Elon Musk Gives SpaceX Shares to Every Kid in America
Elon Musk pledges SpaceX shares to every American child, following Anthropic's similar pledge.
In brief
Elon Musk pledges SpaceX shares to every American child, following Anthropic's similar pledge. Elon Musk pledged one SpaceX share to every kid in America, mirroring Anthropic's 5% share commitment to a public benefit fund. Originally reported by The Economic Times.
Elon Musk Pledges SpaceX Shares
Elon Musk pledged one share of his company SpaceX to every kid in America.
Anthropic's 5% Share Commitment
Anthropic committed 5 per cent of its shares to a new public benefit fund.
Musk's Response to Anthropic
Musk wrote: 'I recommend giving the shares directly to the public.'
“I recommend giving the shares directly to the public.”
SpaceX Stock Performance
SpaceX's stock closed at USD 146.03 on Friday.
Anthropic's Public Benefit Fund
Anthropic's fund will potentially increase in value as shares grow.
Anthropic's IPO Plans
Anthropic plans an initial public offering as soon as November.
In short
Elon Musk pledged one SpaceX share to every kid in America, mirroring Anthropic's 5% share commitment to a public benefit fund.
