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The Musk Foundation is a US-based charitable foundation funded and directed primarily by Elon Musk. The foundation is dedicated to promoting renewable energy , crewed space exploration , pediatrics , science and engineering education, and the "development of safe artificial intelligence for the benefit of humanity". [ 2 ]
While Musk's name does not appear in any of the school's application materials to the state, his foundation donated $100 million to get the preschool up and running, according to tax filings.
The Musk Foundation set aside nearly $100 million via a nonprofit called the X Foundation that will build the initial primary and secondary school, and eventually open a university should all go ...
Elon Musk is a South African-born businessman and the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [417] and $397 billion according to Forbes, [418] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
The Musk family is a prominent family with roots in South Africa, Canada, England, and the United States, whose most famous member is billionaire Elon Musk.It also includes his parents Maye Musk, a model and author, and Errol Musk, a mine-owner, businessman and politician; siblings Kimbal Musk and Tosca Musk, and cousin Lyndon Rive.
Musk’s charitable foundation is below par when it comes to meeting its mandatory annual donation requirement under U.S. tax laws.
[8] [9] [10] Musk currently sits on the boards of Tesla Inc. and SpaceX; his brother Elon is the current CEO of both companies. [11] He was on the board of Chipotle Mexican Grill [12] from 2013 to 2019. [13] He is the brother of Elon Musk, Tosca Musk, son of Errol and Maye Musk, and a major shareholder in Tesla. [14]
“The way I see Elon Musk is that he’s really pushing the limits of the alternative approaches to philanthropy,” Pasic said. For more CNN news and newsletters create an account at CNN.com ...