Weekly Newsletter #63 | Updates Worth Your Attention 👀

Anthropic puts 5% of its shares into a public benefit fund and Musk promises SpaceX shares to every American child. A flying car that mostly hops. Fig

oct 21, 2026 4 min

Is America Testing Universal Basic Income?

Anthropic announced it will put 5% of its shares into a new fund that works for the public benefit, and that the board may add another 2% to the fund each time the company’s value grows by 50%. The plan still depends on shareholder approval.

Elon Musk first replied to the announcement on X, suggesting the shares should be given directly to the public. (We couldn’t find that reply and it seems to have been deleted, but luckily we had seen it thanks to our screen time. Others saw it too. Source: finance.yahoo.com ) Some time after that reply, Musk announced that next year (2027) he will give every child in America SpaceX shares.

There is talk that the distribution could happen through investment accounts called Trump Accounts, but it is still unclear through which channel and under what conditions. It sounds like a kind of universal basic income experiment. Since the share distribution is a one-time event, it looks closer to the idea of universal basic capital, but we may be starting to see concrete steps toward how the wealth created by AI will be shared.

@anthropicai → | @elonmusk → | forbes.com → | anthropic.com →

Someone Finally Built a Flying Car (Sort Of)

No, you haven’t woken up from a 10-year coma. A flying car was unveiled between last week and this one. It doesn’t really fly; it would be more accurate to say it hops a little. In the demo we don’t see it lifting off the ground, only landing as it drops off a ramp using the thrust of its cold air thrusters, so we can’t quite call it a flying car. The handling the model showed on the ramp is impressive, though, and it was built with the technology behind the landing and maneuvering of SpaceX rockets.

Which country and which city will allow this model on the road, and what safety restrictions the released model will have, the coming days will show. We’re curious whether we’ll see Teslas hopping like frogs in Istanbul traffic.

independent.co.uk →

A Browser Extension from Figma That Collects Code

There was a time when “webmasters” used browser extensions to steal sites’ code and rebuild the same thing. Those old enough will remember, and those who aren’t may not believe such an industry existed. Figma seems to have built a new browser extension for exactly this.

Thanks to the feature announced at Config India, it looks possible to bring websites into Figma as “editable design layers” and even move a page’s code directly into a “code layer”.

@figma →

⚡️ Quick Bits

• Meta is back in open source and released Muse Spark Open. The 816-billion-parameter model is built especially for coding and AI agents. dev.meta.ai →

• Google announced it has overcome one of the major obstacles facing quantum computers, reducing certain errors on its Willow processor by 40x. @sundarpichai →

• The famous digitized fruit fly (brain) has now been filmed hanging out comfortably in a world simulation built with Odyssey‘s AI model. @odysseyml →

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