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Elon Musk posted that he plans to give one SpaceX share to every child in the United States in 2027, a pledge that could be worth more than $10 billion at SpaceX's current $146 share price. He said the shares would go 'directly to the public' and called it the 'first of many' such donations, though he hasn't specified a mechanism for distribution.
Elon Musk announced a plan to give every child in the United States a share of SpaceX, according to the report. The pledge follows similar commitments reportedly made by Anthropic and other prominent technology figures, though specifics on timing, funding, or implementation were not detailed.
Elon Musk said on X that he plans to give one of his SpaceX shares to every child in the United States starting next year, calling it 'the first of many' such giveaways. Based on roughly 72 million children under 18 and SpaceX's recent closing price of $146.03, the pledge would be worth about $10.5 billion. Musk gave no details on timing or mechanics, and SpaceX has not yet responded to requests for comment.
Elon Musk announced plans to give one SpaceX share to every child in the United States beginning next year. With roughly 72 million children in the country as of July 2025, the pledge would amount to about $10.5 billion in shares, according to CNBC. The announcement comes as Musk has also been making large political donations, including $158 million to the Senate Leadership Fund PAC and $76 million to his own America PAC.
A Harvard Shorenstein Center survey of more than 5,400 people found 53% of men said they recognized two fabricated AI industry figures, Susan Milner and Craig Dalton, who do not exist. Women also claimed familiarity with the fake names, but at a lower rate of about 40%. The same survey found men reported knowing real figures like Elon Musk and Sam Altman at high rates, and were generally more optimistic about AI than women, who expressed more concern.
Elon Musk announced on X that he will give one SpaceX share to every child in America starting next year, calling it 'the first of many' such giveaways. He gave no details on eligibility ages, distribution method, or exact timing, but the plan would reportedly cover about 72 million minors, worth roughly $10.5 billion at SpaceX's current $146 share price.
Anthropic announced a 'Public Benefit Fund,' a wholly-owned entity seeded with 5% of its shares, with an option to add 2% more for every 50% rise in the company's valuation. The company says it will detail governance and valuation milestones later, alongside a public benefit report, and that the fund may pursue nonprofit donations or direct payments to groups affected by AI-driven labor disruption. Combined with co-founders' pledges to give away 80% of their equity and an employee donation-matching program, about 20% of Anthropic's shares are now earmarked for public purposes.
Anthropic has announced it will dedicate 5% of its company shares to a newly created Public Benefit Fund aimed at supporting nonprofit organisations and addressing AI's impact on jobs. The fund could grow by another 2% at the board's discretion, but none of its shares may be used for lobbying or political donations. The move comes as Anthropic prepares for a potential stock market listing that could value it above $1tn, and after it reported quarterly revenue of $16.8bn, up 45%.
TikTok has permanently suspended the advertising account promoting the documentary Musk, citing a repeated pattern of political content violating its policies, The Hollywood Reporter first reported. The ban comes just ahead of the film's wider US theatrical rollout on October 16, after its limited opening weekend grossed roughly $70,000 across four theaters. Distributor Bleecker Street says it will appeal the decision.
A new analysis of AI hiring trends finds that engineers are less swayed by billionaire founders' personal pitches, grand visions, or unusual recruiting tactics than by whether a company has a real, shippable product. The report cites examples like Mark Zuckerberg personally delivering soup to OpenAI researchers and Elon Musk promising to read every SpaceX AI application himself as signs of how aggressive recruiting has become, even as such gestures reportedly fail to outweigh practical considerations for candidates.
TikTok has permanently suspended the advertising account for Bleecker Street's promotion of the Elon Musk documentary 'Musk,' citing political content, according to The Hollywood Reporter. The film had already faced initial ad rejections from Meta and YouTube, which later allowed the ads, while X has refused to carry them at all. The four-hour documentary, directed by Alex Gibney, opened in four theaters last weekend and is expanding its release, with plans to stream on HBO next year.
TikTok has banned the social media account promoting Alex Gibney's upcoming Musk documentary just before its wider release, according to The Hollywood Reporter. Distributor Bleecker Street was told Friday that a permanent suspension was coming, and TikTok has not responded to requests for comment. The move follows TikTok's earlier refusal, alongside X, to run paid ads for the film, even after YouTube and Meta reversed similar rejections.