Elon Musk says he is "going to do something along these lines" after $1tn charity challenge

Elon Musk’s remark followed a public challenge from Nobel economist Daron Acemoglu over Musk’s forecast that money would no longer matter by 2036. Acemoglu asked on X why Musk would not promise to give roughly $1 trillion to charity by that year if he expected wealth to lose significance. Musk responded that he intended to make a commitment of that kind. On Monday, Musk announced that next year he will give a share of SpaceX to every child in the United States; the report values the contribution at more than $10 billion today. President Donald Trump praised the pledge. The sequence connects Musk’s predictions about a future without conventional money to a major charitable announcement.