Musk to give SpaceX stake to U.S. children

Elon Musk, CEO of SpaceX, pledged to give every child in the United States one share of his company's stock next year, valued at approximately $10.5 billion, based on a share price of $146 and a child population of around 72 million. Musk did not specify the method of distribution or the terms for benefiting from the shares. However, his move follows an announcement from Anthropic about allocating 5% of its shares to a public benefit fund. Musk recommends distributing the shares directly to the public as a step to promote investment and savings among children.

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