“Next year, I will give one of my SpaceX shares to…”: Elon Musk’s proposed $10.6 billion giveaway could reach 72 million young people in America; but who will qualify
- Elon Musk has announced plans to give every child in America a share of SpaceX in 2027, a proposal that could involve tens of millions of recipients and billions of dollars in stock.
- The pledge came hours after the billionaire criticised artificial intelligence company Anthropic for planning to place part of its equity in a public benefit fund, suggesting instead that shares should go directly to people.
- Musk has not explained who would qualify, how the transfers would work or whether the plan would use existing investment accounts for children.
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- Elon Musk has announced plans to give every child in America a share of SpaceX in 2027, a proposal that could involve tens of millions of recipients and billions of dollars in stock.
- The pledge came hours after the billionaire criticised artificial intelligence company Anthropic for planning to place part of its equity in a public benefit fund, suggesting instead that shares should go directly to people.
- Musk has not explained who would qualify, how the transfers would work or whether the plan would use existing investment accounts for children.
Sources: Times of India