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Elon Musk Promises SpaceX Shares to American Children

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Elon Musk made a significant announcement on Monday, proposing a plan to distribute a share of SpaceX to each American child. This initiative is part of his broader vision to generate ‘universal high income’ by leveraging artificial intelligence.

Musk disclosed this plan via the social media platform X, stating, “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.” This proposal highlights Musk’s commitment to integrating AI advancements with economic benefits for the younger generation.

The announcement aligns with recent moves by other companies in the AI sector. Anthropic, a competitor in the industry, recently declared that it would dedicate some of its stock to a public benefit fund on an ongoing basis.

In 2023, Elon Musk remains a prominent figure in the tech industry, influencing both AI development and economic strategies. His announcement underscores his ongoing efforts to shape the future of technology and finance.

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