Anthropic and SpaceX get charitable

On Sunday, Anthropic announced that 5% of its shares would go into a new “public benefit fund.” The company claimed it could use a new charitable LLC to give large donations to nonprofits or to “specific populations.” Later that day, Elon Musk said he’ll give shares of SpaceX to every kid in the U.S. next year. So how exactly would these philanthropic plans work? And who would benefit? Also: why corporate brands outside of the music industry are releasing their own albums.

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Stories from this episode:

• Anthropic and Elon Musk announced big philanthropic plans. But who benefits?
• Why brands like Wendy's and e.l.f. are releasing albums