Afghanistan, Oct. 19 -- Elon Musk has pledged to give every child in the United States one SpaceX share in 2027, announcing the plan on X on Monday, October 19, and describing it as the first of several planned initiatives.

"Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many," Musk wrote in the post. He did not specify an age limit, eligibility requirements, distribution arrangements or a timetable for transferring the shares.

The announcement followed Musk's criticism of artificial intelligence company Anthropic's plan to commit part of its equity to a newly established public benefit fund. On Sunday, October 18, Anthropic announced that it would commit 5% of its shares to the fund, sub...