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Musk Says SpaceX Stock Will Go to “Every Kid in America”

Summary of reporting by The New York Times·

Musk Says SpaceX Stock Will Go to “Every Kid in America”

Key points

  • The New York Times reports that Musk pledged SpaceX stock for “every kid in America.”
  • The preview says this comes as billionaires are making direct donations.
  • It also says Anthropic earlier said it would create a public benefit fund, and other tech moguls have contributed to children’s savings accounts.

According to The New York Times, Elon Musk pledged SpaceX stock for “every kid in America” as billionaires continue to push direct donations. The preview says Anthropic, an A.I. competitor to SpaceX, previously said it would form a “public benefit fund.” It also says other tech moguls have made contributions to savings accounts for children. The source does not provide additional details about the size, timing or structure of the SpaceX pledge in the preview text.

Original reporting

This page summarizes reporting by The New York Times, originally published October 19, 2026 at 12:33 PM under the headline "Musk Pledges SpaceX Stock for ‘Every Kid in America’ as Billionaires Push Direct Donations". All rights to the original article belong to The New York Times.

Continue reading the full story at The New York Times

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