Elon Musk said he plans to give one SpaceX share to every child in the United States next year, a proposal valued at about $10.5 billion based on roughly 72 million children and a share price of about $147. The amount is just over 1% of the 6.42 billion shares Musk held as of June 30, according to an SEC filing. Musk has not specified eligibility or distribution details. The pledge followed Anthropic’s announcement that it would commit 5% of its shares to a new Public Benefit Fund, subject to stockholder approval. Anthropic says roughly 20% of its stock will be dedicated to public causes when co-founder pledges to donate 80% of their equity and an employee matching program are included. The company is preparing for an IPO as soon as November at a reported valuation of around $2 trillion, which would put the fund’s initial allocation at about $100 billion on paper. Anthropic structured the fund as a wholly owned LLC, saying that format allows flexibility between donations to nonprofits and direct distributions. The board can add another 2% of shares each time the company’s value rises 50% above a baseline that has not been disclosed. Fund equity cannot be used for lobbying or political donations. Anthropic has not said how the fund will be taxed or what it will disclose publicly, and says it plans to release its governance structure and valuation thresholds in the coming months. The announcements come amid debate over AI risks and regulation. Two days before unveiling the fund, Anthropic presented lawmakers with a draft bill that would let the government block a model posing a foreseeable, imminent risk of killing or seriously injuring more than 50 people or causing more than $1 billion in damage. The measure would require Commerce Department involvement and a federal court order, and would require developers to publish safety frameworks and transparency reports. An AP-NORC poll in late September found that 64% of U.S. adults thought AI was developing too fast, while 8% said it was developing too slowly.