Good Morning. Elon Musk says every kid in America will get one of his SpaceX shares next year, a pledge worth about $10.5 billion. Plus, the 1868 moonshine law, a gas war at 97 cents, and V8 sounds that cost extra (first time here? Join 523,000 Betterists).
Yesterday’s most clicked link: See Amelia Earhart expedition photos
TOP STORY TODAY
SpaceX for Kids
Elon Musk said Monday he’ll give every child in America one of his SpaceX shares next year. With 72 million kids under 18 and Friday’s close of $146.03, that’s about $10.5 billion.
He gave no details on how it would work. The post came a day after Anthropic set aside 5% of its shares for a public benefit fund, and Musk replied that shares should go straight to the public.
One backer suggested routing the shares through Trump Accounts, the tax-favored investment accounts for kids that began taking contributions July 4. Musk’s record on big pledges is mixed (the backstory).
Moonshine Case
The Supreme Court agreed Monday to decide whether the federal ban on distilling liquor at home is constitutional. The law dates to 1868. Arguments should come next year, with a ruling by early July.
Brewing beer or making wine at home is legal. Make whiskey in the same kitchen and you face up to five years in prison and a $10,000 fine. The case is Department of Justice v. McNutt.
In April, a federal appeals court ruled the ban stretched Congress’s taxing power too far, and appeals courts have since split on it (the backstory). Until the justices rule, the federal ban stays on the books.
Hurts’ Three Months
Eagles quarterback Jalen Hurts is expected to miss the rest of the season after doctors found blood clots in both lungs. Recovery should take about three months on blood thinners, with no contact football meanwhile.
Specialists in London spotted a clot in his calf before the Jaguars game and cleared him to play. A follow-up exam upgraded it to a deep vein clot, the kind that can travel to the lungs (what the diagnosis means).
Flights over four hours raise clot risk. The warning signs include swelling, pain, warmth or redness in one leg. Chest pain that worsens with a deep breath needs care right away.
TOGETHER WITH SMILE MAKERS
Bladder Leaks Are Common, Not Inevitable
A leak when you sneeze. A run cut short. For many women in perimenopause and menopause, it starts as estrogen drops and the pelvic floor weakens with it.
The fix is a small daily habit: Kegels, done right. But without feedback, there's no way to know if you're doing them right.
Pelvic Partner takes out the guesswork:
It vibrates when you squeeze correctly and stops when you fully relax.
No app, no account and no data leaving the room.
8 progressive levels, so you start gently and build.
Customers rate it 4.8 out of 5, it's certified for bladder support by GenM's menopause-friendly MTick program, and it's marked down 20% for Menopause Awareness Month.
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Raise a Kid Who Goes Deep
Stock is one thing to hand your kids. On My First Million, the hosts dug into what the childhoods of self-made billionaires had in common.
Watch ages 8 to 18. They call it the golden window, when a kid can go deep on one thing. Gates, Zuckerberg and MrBeast all specialized then.
Feed the obsession. Warren Buffett collected thrown-away racetrack tickets as a kid, practicing the pattern-spotting he later used to invest.
Hand them adventure. Confidence comes from surviving hard, unfamiliar things, not from pep talks.
Pick the peer group. Investor Mohnish Pabrai’s rule: observe their nature, feed what they love, and surround them with good friends.
Ask what you loved at 12. Robert Greene says your own clues live there too.
This week, notice the one thing your kid does without being asked.
The AI Skill Employers Want Isn’t Coding
You don’t need to code to stay valuable. You need to use AI well and catch its mistakes. Three recent issues of The AI Entrepreneurs show how:
“A $165K admin job that asks for AI curiosity, not code.” Affirm is hiring a remote assistant who uses AI to streamline the work. The real skill: knowing when the output is wrong.
“AI Saves Time. Why Isn’t It Paying Off?” In a McKinsey survey, 80% said AI made them more productive. Only 37% saw it lift earnings. Pick one process and measure it.
“Call Center Jobs Are Down 5.3%. Where Is Work Growing?” Software, data and customer-success roles are still growing.
More than 70,000 people read it three times a week. Join and get a pack of ChatGPT prompts right away.
THE MARKET
Business & Markets
▲ The IRS now takes credit and debit cards directly, but the processing fee still lands on you | The final rule, effective Monday
▲ JPMorgan invested $5 billion in security companies in a year, backing robot factories and low-cost hypersonic missiles | The $1.5 trillion plan behind it
▲ Mercedes-AMG’s new electric SUV fakes six-cylinder engine noise, and the V8 sounds cost extra | The 1,153-hp GT 63 that gets them
THE OTHER 99%
5 Stories
▲ Louvre thieves took $100 million in crown jewels a year ago, and the loot is still missing | The crown they dropped on the way out
▲ Japan launched a $350 million probe to land on Mars’ moon Phobos and bring samples home | Watch the H3 rocket lift off (w/video)
▲ Judd Apatow says he “lost the battle” to make a college-set Superbad 2, but anything can happen | Superbad, still rated 7.6 on IMDb
▲ West Coast seas ran 6 to 8 inches high from a deep-ocean Kelvin wave, with more coming | How El Niño sends them up the coast
▲ Two Georgia gas stations undercut each other down to 97 cents a gallon until police stepped in | The 5-cent rule that started it
TOGETHER WITH VITA COCO
Speed Day, Long Run, Recovery Day
The New York City Marathon is Nov. 1, and thousands of runners are in their final weeks of training. Most plans come down to three kinds of days:
Speed day: short, hard and sweaty.
Long run: the miles that build race day.
Recovery day: an easy effort so you're ready for the next one.
All three put demands on your body, and electrolytes matter most on the longer, harder runs. So hydration belongs in every one of them.
Vita Coco Original Coconut Water naturally contains electrolytes like potassium. Have it before a run, after a workout or anytime you want a lighter way to rehydrate.
First marathon or just running for your health, the rule is the same.
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Why 1% Better? Most self-improvement swings between burning out and rusting out. 1% Better is the antidote. In five minutes each morning, we help you get smarter about the news, your health and your money, with small tips you can use to get a little better every day.