Anthropic Commits 5% Stake to AI Fund as Musk Pledges 72 Million SpaceX Shares
Updated
Updated · Reuters · Oct 18
Anthropic Commits 5% Stake to AI Fund as Musk Pledges 72 Million SpaceX Shares
3 articles · Updated · Reuters · Oct 18
Summary
Anthropic said its new Public Benefit Fund will receive 5% of the company’s shares, a stake worth about $75 billion to $100 billion if its IPO values the company at $1.5 trillion to $2 trillion.
The fund could back direct distributions and programs addressing AI-driven labor disruption, and it may gain another 2% of Anthropic shares for every 50% rise in valuation above a still-undisclosed baseline.
Anthropic said none of the fund’s equity will be used for lobbying or political giving, as U.S. policymakers weigh tighter AI oversight and the company prepares to disclose more on governance and structure.
Musk, by contrast, said he will give one SpaceX share to every child in America next year—roughly 72 million shares worth about $11 billion at current prices—arguing equity should go directly to the public.
The dueling plans highlight competing models for distributing AI-era wealth, with Anthropic channeling gains through a nonprofit-style vehicle and Musk tying his giveaway to a broader debate over public benefits and Trump Accounts.