Elon Musk says he’ll give every kid in America a SpaceX share in 2027
Will your child become a SpaceX shareholder? They will if Elon Musk lives up to his promise — something he doesn't have a very good track record of doing.
Early Monday morning, in a post on his social media platform X, Musk shared that he was planning to give a SpaceX share to every child in the U.S. in 2027.
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"Next year, I will give one of my SpaceX shares to every kid in America," Musk posted at 3:52 a.m.
ET.
"This will be the first of many." Musk's post appears to be a response to a recent announcement from Anthropic, an AI company that's a direct competitor to Musk's xAI.
On Sunday, Anthropic shared a post regarding the company's plan to take 5 percent of its shares and put them towards a new entity called the Anthropic Public Benefit Fund.
The company said the percentage would grow to around 20 percent as the company's value increases.
In addition, Anthropic's co-founders have also pledged to donate 80 percent of their equity as well.
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"I recommend giving the shares directly to the public," Musk posted in a reply directly to Anthropic's X account.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on mashable.com — the content belongs to Mashable.