
October 19th, 2026
On Monday, Elon Musk made a pledge that, next year, he would give one share of his company SpaceX to “every kid in America”.
The offer arrived a day after Anthropic, the artificial intelligence company, announced in a social media post that it would commit 5% of its shares to a new “public benefit” fund.
Responding to that Sunday post, Musk remarked, “I recommend giving the shares directly to the public.”
Shares of SpaceX, which is scheduled to report its quarterly earnings on Tuesday, closed at $146.03 on Friday.
With approximately 73 million children under the age of 18 residing in the United States, that would place the value of Musk’s pledge at roughly $10.66 billion.
Anthropic said on Sunday that the shares it is committing will go to the Anthropic Public Benefit Fund, a new entity within the company.
The fund's worth could rise as the shares gain value.
Musk did not elaborate further on how his share pledge will be executed, but he did add in his post that “This will be the first of many.”
The announcements by Musk and Anthropic come at a time when Americans are growing increasingly wary of AI.
A new poll from the Reporters-NORC Center for Public Affairs Research reveals that the majority of Americans, 64%, believe AI is developing “too fast,” whereas 27% consider its development to have been “about right” and a mere 8% feel it is progressing “too slow.”
Last month, Dario Amodei of Anthropic, Sam Altman of OpenAI, Musk of SpaceXAI and other prominent industry leaders argued that AI development needs to slow down.
This consensus emerged after an Anthropic researcher resigned with a dire warning about the threats the technology poses to humanity.
Yet obstacles—including domestic and global competition, profit motivations and pushback from President Donald Trump—stand in the way of a coordinated effort to pace AI's development.
Musk has quietly become the largest known donor in this year's midterm elections, giving out over $276 million since July in an attempt to protect Republican majorities in Congress.
Anthropic CEO Dario Amodei and the company's five other cofounders established Anthropic as a public benefit corporation, a designation that for-profit companies choose in order to balance financial goals with social impact.
Anthropic is preparing a substantial initial public offering as early as November.
In June, the company stated that it had submitted a confidential filing with the U.S. Securities and Exchange Commission regarding its proposed IPO.
That same month, Musk’s SpaceX made its Wall Street debut as a publicly traded company, propelling Musk to become the world’s first trillionaire.
However, shares of SpaceX have fallen 35.3% since peaking days after that initial public offering, meaning Musk is a billionaire.
October 19th, 2026

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