Anthropic · SpaceX · Donald Trump · Elon Musk · U.S. · CryptoSlate
Elon Musk and Anthropic unveil AI wealth-sharing gears up that could reach over $110 billion
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Elon Musk pledged to give American children over $10 billion in SpaceX shares, offering millions of families ownership in his AI technology empire.
Key facts
- Nick Percoco, a top executive at crypto exchange Kraken, calculated that a SpaceX share worth about $146 today could grow to $1,800 over 18 years at a 15% annual appreciation rate
- At a 20% annual growth rate, the share would reach about $3,900, while 25% growth would raise it to roughly $8,100
- Percoco also estimated that a $50 trillion SpaceX market capitalization would translate into approximately $3,700 per share, rising to $7,400 at a $100 trillion valuation
- Elon Musk pledged to give American children over $10 billion in SpaceX shares, offering millions of families ownership in his AI technology empire
Summary
01 Musk pledged SpaceX shares to 72 million American children as Anthropic proposed dedicating 5% of its equity to public benefit. 02 Their combined plans could reach $110.5 billion, offering competing approaches to sharing the enormous wealth created by the AI boom. 03 A single SpaceX share could grow into thousands of dollars, but future returns, Anthropic's valuation and the delivery of both pledges remain uncertain. On Oct. 19, the world's first trillionaire announced he would distribute one personally owned SpaceX share to every child in the United States in 2027, potentially creating about 72 million new shareholders.