Elon Musk pledges to give a SpaceX share to every child in the United States next year

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Musk announced he will distribute one share of SpaceX to each child in the U.S. sometime next year, though he did not detail the distribution method. The pledge follows recent industry pledges, such as Anthropic’s plan to allocate 5% of its shares to a public benefit fund after its IPO.

Why it matters: Tech professionals should note the potential precedent for large-scale equity giveaways that could influence corporate philanthropy and regulatory scrutiny.

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