Elon Musk Responds to Call to Donate $1 Trillion to Charity

Nobel laureate economist Daron Acemoğlu posted on X urging Elon Musk to pledge up to $1 trillion of his fortune to charitable causes by 2036, citing Musk’s own prediction that money will become largely irrelevant as artificial intelligence and robotics fuel a "abundance economy."

Musk replied with a single sentence, "Actually I will do something similar," reaffirming his earlier remarks that the spread of advanced technology could render retirement savings unnecessary. The exchange has drawn public attention to the broader debate over how wealth created by AI should be shared. Musk’s net worth, which had peaked at $1.45 trillion in June, fell below $700 billion after a decline in SpaceX share value, underscoring the scale of the wealth in question.