Anthropic pledges 5% of shares to Public Benefit Fund, Musk offers SpaceX stock to kids
Anthropic will commit 5% of its shares to a new Public Benefit Fund supporting non-profits, direct cash distributions and research on AI-driven job disruption — worth $75–100 billion at a $1.5–2 trillion valuation. Musk said he plans to give one SpaceX share, about $149, to every child in the US next year, roughly $10 billion for 72 million children.
- Anthropic commits 5% of shares at a $1.5–2T valuation, or $75–100B
- The fund gets another 2% of equity each time valuation rises 50%
- Musk pledges one SpaceX share (~$149) to each of ~72M US children
- Anthropic bars the fund from using shares for political lobbying
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