Anthropic Gives 5% of Itself to the Public. Musk Answers by Giving Away SpaceX Shares
Summary
Anthropic said it will allocate 5% of its shares to a new Public Benefit Fund, potentially worth about $100 billion on paper at its reported $2 trillion prospective IPO valuation. The fund, structured as an LLC, may support nonprofits or direct distributions; its board can add equity as the company’s value rises, but the fund cannot finance lobbying or political donations. Anthropic has not disclosed tax treatment or public reporting arrangements. Elon Musk responded by pledging one SpaceX share to every U.S. child next year, an estimated 72 million shares worth about $10.5 billion. The announcement comes alongside Anthropic’s draft AI safety legislation for lawmakers and preparations for a possible November IPO.
