Musk proposes giving SpaceX shares to American children

Elon Musk announced his intention to give one SpaceX share to every American child next year, suggesting this might be the first of several such distributions. He shared this idea in a message on X, following a discussion with the AI company Anthropic about public interest initiatives.

Anthropic plans to fund public interest through shares

Anthropic plans to allocate a portion of its shares to a new public benefit fund, which will be entirely dedicated to public interest. This fund will initially receive 5% of the company's shares, with additional shares added based on the company's performance and board decisions.

Anthropic's public interest commitment

Anthropic stated that about 20% of its shares are committed to public interest causes. Co-founders have pledged to donate 80% of their shares, and many employees are contributing through a matching donation program, which encourages them to give a portion of their own shares.

SpaceX's business segments and operations

SpaceX, owned by Elon Musk, operates in three main areas: "Space," which includes rocket and spacecraft development; "Connectivity," which manages satellite internet through Starlink; and "AI," which develops large language models through its subsidiary SpaceXAI.

Musk's rise to the world's richest person

Elon Musk became the world's richest person in 2025 and the first "trillionaire" in June 2026. Forbes estimated his net worth at 1,100 billion dollars in October 2026, driven by the success of his companies, including SpaceX and Tesla.

Musk's wealth grows after SpaceX and xAI merger

In February 2026, Elon Musk's wealth surpassed 800 billion dollars after the merger of SpaceX and xAI. The combined value of the companies reached 1,250 billion dollars, increasing Musk's personal fortune by 84 billion dollars to 852 billion dollars.