LIVE
NIVESH STREET_
LIVE MARKET INTELLIGENCE
NIFTY 50 25,181.80 +1.38%SENSEX 72,472.33 +1.23%BANK NIFTY 55,256.65 +1.36%INDIA VIX 14.38 -0.42%GOLD ₹1,21,540 +0.61%BTC/USD $112,480 +2.14%USD/INR 88.42 -0.08%CRUDE $84.16 +0.94%NIFTY 50 25,181.80 +1.38%SENSEX 72,472.33 +1.23%BANK NIFTY 55,256.65 +1.36%INDIA VIX 14.38 -0.42%GOLD ₹1,21,540 +0.61%BTC/USD $112,480 +2.14%USD/INR 88.42 -0.08%CRUDE $84.16 +0.94%
Live
NIFTY 5022,888.95▼ 1.11%
SENSEX73,852.9▼ 1.17%
BANK NIFTY55,488.1▼ 0.64%
NIFTY IT31,516.3▼ 1.28%
NIFTY MIDCAP16,767.85▼ 1.05%
INDIA VIX14.77▲ 5.07%
RELIANCE1,202▼ 0.76%
TCS2,460.9▼ 0.17%
HDFCBANK712▼ 2.31%
INFY1,130.7▼ 2.63%
ICICIBANK1,381▼ 1.15%
SBIN973.7▲ 1.15%
BHARTIARTL1,875.2▼ 1.56%
ITC260.8▼ 1.02%
LT3,661.9▲ 0.96%
AXISBANK1,236▼ 4.19%
KOTAKBANK442.3▼ 1.14%
HINDUNILVR1,853.2▼ 2.14%
Gold (24K)4,164▼ 0.41%
Silver57.25▲ 0.45%
Copper6.53▲ 0.00%
Crude Oil (Brent)108.22▼ 1.49%
Natural Gas3.08▼ 1.03%
USD/INR94.92▲ 0.41%
Bitcoin82,119.97▲ 0.12%
Ethereum2,394.89▼ 0.58%
Solana103.86▼ 0.16%
BNB726.69▲ 0.61%
XRP1.3▼ 0.49%
Cardano0.22▲ 1.83%
Dogecoin0.08▲ 0.38%
NIFTY 5022,888.95▼ 1.11%
SENSEX73,852.9▼ 1.17%
BANK NIFTY55,488.1▼ 0.64%
NIFTY IT31,516.3▼ 1.28%
NIFTY MIDCAP16,767.85▼ 1.05%
INDIA VIX14.77▲ 5.07%
RELIANCE1,202▼ 0.76%
TCS2,460.9▼ 0.17%
HDFCBANK712▼ 2.31%
INFY1,130.7▼ 2.63%
ICICIBANK1,381▼ 1.15%
SBIN973.7▲ 1.15%
BHARTIARTL1,875.2▼ 1.56%
ITC260.8▼ 1.02%
LT3,661.9▲ 0.96%
AXISBANK1,236▼ 4.19%
KOTAKBANK442.3▼ 1.14%
HINDUNILVR1,853.2▼ 2.14%
Gold (24K)4,164▼ 0.41%
Silver57.25▲ 0.45%
Copper6.53▲ 0.00%
Crude Oil (Brent)108.22▼ 1.49%
Natural Gas3.08▼ 1.03%
USD/INR94.92▲ 0.41%
Bitcoin82,119.97▲ 0.12%
Ethereum2,394.89▼ 0.58%
Solana103.86▼ 0.16%
BNB726.69▲ 0.61%
XRP1.3▼ 0.49%
Cardano0.22▲ 1.83%
Dogecoin0.08▲ 0.38%
MARKETS 2h ago

Elon Musk pledges a share of SpaceX company to 'every kid in America'

Economic Times Markets
Published 19 Oct 2026, 12:06 pm IST
Elon Musk pledges a share of SpaceX company to 'every kid in America'Agencies

The offer arrived a day after artificial intelligence company Anthropic announced in a social media post that it will commit 5 per cent of its shares to a new "public benefit" fund.

In a response to that Sunday post, Musk wrote: "I recommend giving the shares directly to the public."

SpaceX's stock closed at USD 146.03 on Friday.

Anthropic said Sunday that the shares it is committing will go to the Anthropic Public Benefit Fund, a new entity within the company. The fund's worth will potentially increase as the shares grow in value.

Anthropic CEO Dario Amodei and the company's five other cofounders established Anthropic as a public benefit corporation, a designation that for-profit companies select to balance financial goals and social impact.

Anthropic is planning a massive initial public offering as soon as November. In June, the company said that it had submitted a confidential filing with the US Securities and Exchange Commission for its proposed IPO.

That same month, Musk's SpaceX made its Wall Street debut as a publicly traded company and made Musk the world's first trillionaire.

Originally reported by Economic Times Markets.Source: economictimes.indiatimes.com