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Elon Musk’s $10.5 bn SpaceX giveaway, Anthropic’s 5% share fund: How will gifts work? Who pays tax? Scenarios explained

Elon Musk’s $10.5 bn SpaceX giveaway, Anthropic’s 5% share fund: How will gifts work? Who pays tax? Scenarios explained

·Excerpt
Elon Musk’s $10.5 bn SpaceX giveaway, Anthropic’s 5% share fund: How will gifts work? Who pays tax? Scenarios explained
Image: Elon Musk plans to give every US child a SpaceX share, worth $10.5bn. Anthropic is setting aside 5% for a public fund. Here is how tax could work. (AI generated image)

Elon Musk has promised to give one SpaceX share to every child in the US next year, a pledge worth an estimated $10.5 billion. The announcement comes a day after artificial intelligence company Anthropic proposed setting aside 5% of its equity for a public benefit fund. Both plans aim to share corporate wealth, but questions remain over eligibility, distribution, governance and tax implications.What Elon Musk has promisedElon Musk said on X on Monday that he plans to give one SpaceX…

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