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AI companies say they want to give billions away. Will they actually do it?

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23.10.2026

AI companies say they want to give billions away. Will they actually do it?

Silicon Valley’s biggest names are making eye-watering philanthropic pledges, raising questions about their motivations and how much money will reach the public.

[Source image: Adobe Stock]

BY Chris Stokel-Walker

Some of Silicon Valley’s biggest names are digging deep into their pockets. Elon Musk has promised to give every child in America a share in SpaceX next year. That would amount to roughly 72 million shares worth $10.5 billion at recent prices. It’s a generous offer, although each child would receive about $146, a tiny fraction of Musk’s fortune, which has recently topped $1........

© Fast Company