Elon Musk Says He Plans to Give SpaceX Shares to Every Child in the US

Elon Musk says he plans to give one SpaceX share to every child in the United States next year. He gave no details on eligibility, how the shares would be distributed or who would manage them. The proposal could involve about 73 million minors, based on US census estimates. At an estimated share value of $146, the giveaway could be worth more than $10 billion. Musk made the comment while responding to Anthropic's plan to place part of its equity in a public-benefit fund for managing the social effects of artificial intelligence. He argued that shares should go directly to the public instead of being held in managed funds.

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