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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 ]
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, [418] and $397 billion according to Forbes, [419] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
But American tax law dangles some significant incentives for them to do so. Musk likely managed to shave a couple billion off his $11 billion tax bill in 2021, thanks to the $5.7 billion he ...
Musk receiving the Order of Defence Merit from the Brazilian Armed Forces in 2022 [6]. Awards for his contributions to the development of the Falcon rockets include the American Institute of Aeronautics and Astronautics George Low Transportation Award in 2008, [7] the Fédération Aéronautique Internationale Gold Space Medal in 2010, [8] and the Royal Aeronautical Society Gold Medal in 2012. [9]
Musk’s charitable foundation is below par when it comes to meeting its mandatory annual donation requirement under U.S. tax laws.
Today, he owns 47% of SpaceX and 21% of Tesla. ... Does Elon Musk Embrace Philanthropy? Since 2002, the Elon Musk Foundation has donated $280 million, with the bulk of this amount going to ...
SAN FRANCISCO (Reuters) -Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world's most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with ...
Jimmy Donaldson ("MrBeast") – YouTuber and founder of Beast Philanthropy, a YouTube channel known for its charitable videos. Also collaborated in two fundraising challenge events known as Team Trees and Team Seas which aimed to raise $20 million and $30 million USD in return of planting 20 million trees and removing 30 million pounds of trash ...