Musk promises SpaceX shares to US children while Anthropic launches a new social fund

Elon Musk announced on October 19, 2026, that he intends to grant one of his personal SpaceX shares to every child in the United States in 2027. The billionaire provided no details regarding eligibility or the mechanics of the transfer. This announcement coincides with the upcoming U.S. midterm elections, following a previous promise by Donald Trump to provide a $5,000 dividend to citizens. Musk currently holds a 38% stake in SpaceX, a company that achieved an $85.7 billion valuation during its June IPO.

Simultaneously, the AI firm Anthropic has announced the creation of a charitable fund ahead of its own November IPO. The company will commit 5% of its shares to an LLC-based fund dedicated to studying the impacts of artificial intelligence. Anthropic, which reported $16.8 billion in third-quarter revenue, clarified that these assets will not be used for lobbying or political donations. The board retains the option to contribute an additional 2% to the fund for every 50% valuation increase beyond an undisclosed threshold. Future reports on the fund's governance are expected as the company prepares for its public market entry.