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 Los Angeles Times
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2026-10-20T10:00:00.000Z

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SpaceX and Anthropic to share AI benefits

SpaceX and Anthropic to share AI benefits

Elon Musk announced plans to give a share of SpaceX stock to every child in America next year, an effort valued at around $11 billion based on current national census data. His pledge aims to distribute stakes in the future economy directly to the public, with further details yet to be disclosed. This move follows similar philanthropic initiatives by other tech leaders and reflects growing concerns about AI's impact on jobs and society.

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