Anthropic Plans 5% Stake for Public Benefit Fund as Musk Urges Direct Distribution | TokenPost

The fund's share contribution could grow by 2% for every 50% increase in Anthropic's valuation, reaching about 20%. Musk called for shares to go directly to the public.

Anthropic announced a plan to place an initial 5% of its shares in Anthropic Public Benefit Fund, a wholly owned entity devoted to public benefit. Elon Musk urged the company to distribute shares directly to the public.

Anthropic could add shares equal to 2% of the company for each 50% increase in its valuation from a set baseline. The fund's share contribution could eventually reach about 20%.