The sudden philanthropy of Elon Musk and Anthropic, between stock distribution and charitable aid
Elon Musk is promising SpaceX shares to all American children, while Anthropic will pay 5% of its capital to charities. The tech giants intend to redistribute some of the wealth generated by artificial intelligence, without however giving up their interests.
Elon Musk has pledged to gift one share of SpaceX to every child in the United States, an amount SiliconANGLE reports could total 72 million shares valued at approximately $10.5 billion. Musk stated on X that he intends to give these shares directly to the public. This announcement follows a pledge by Anthropic PBC to donate at least 5% of its equity to a public benefit fund.
Le Monde Economie notes that these tech leaders aim to redistribute wealth generated by artificial intelligence while maintaining their own interests. Regarding the distribution, Musk acknowledged tech investor Brad Gerstner, who was central to creating Trump Accounts, investment accounts opened for U.S. children earlier this year. SpaceX COO Gwynne Shotwell previously pledged over $320 million of her shares to the Trump Accounts program.
Brief written by urgent.news from Le Monde Economie, SiliconANGLE — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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