Elon Musk says his plan for giving stock directly to the public: "This is what I will be doing"

Elon Musk said on Monday he would give one SpaceX share to each American child next year, a pledge potentially worth up to $10.5bn, shortly after Anthropic outlined a separate plan to set aside at least 5% of its equity for a fund aimed at public causes, subject to shareholder approval. The announcements came as AI companies face questions about job losses and safety. In a public exchange, Anthropic said its fund could support donations or payments to people whose jobs are affected by AI; Musk replied that he favored giving stock directly to the public and said that was his plan. He did not specify eligibility, timing, or distribution mechanics. Anthropic said its fund could also make payments and add equity as its valuation rises, though neither company has said how much would ultimately reach recipients.