Business & Economy · 4 views
Billionaires are giving your kid stock. Should you say thank you?
Good morning. Should we celebrate billionaires donating shares in their companies?
AI Summary
Elon Musk announced on X that next year he will give every U.S. child under 18 a share of SpaceX, valued at $147.96 per share and totaling about $10.7 billion. SpaceX President Gwynne Shotwell earlier pledged to provide more than two million kids a share of her stock through a Trump Account. Anthropic co‑founder and President Daniela Amodei said the company will allocate 5 % of its shares to the Anthropic Public Benefit Fund, a wholly owned LLC dedicated to public benefit.
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