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Philanthropy Pledges

1 GoKawiil brief on this topic

Elon Musk pledges SpaceX shares to every American child amid wider AI philanthropy wave

Elon Musk has said he will give every child in America a stake in SpaceX next year, a giveaway involving roughly 72 million shares worth about $10.5 billion at current prices. Divided among the country's children, that works out to roughly $146 per child. The pledge comes amid a broader trend of large philanthropic promises from Silicon Valley's wealthiest tech figures.