Elon Musk Plans to Build a New University in Texas

Living in Texas, USA Elon MuskHe aims to establish a new university where he lives. Musk donated approximately $100 million to The Foundation, which he founded in 2022, for this purpose. This donation appeared on Musk’s tax returns.

The Foundation, which will start its work with a generous donation from Elon Musk, will primarily open educational institutions at the primary and secondary school level. These institutions will focus on STEM (Science, technology, engineering, mathematics) education. Afterwards The Foundationwill further its work to establish a university that will provide education at the highest level.

Musk’s foundation wants tax exemption for university

According to the information in the tax exemption request form, when the university is established, experienced employees will be hired, and the development of students will be ensured through simulations, case analyses, production studies and laboratory experiments in addition to the traditional curriculum. For university Accreditation applications will also be made to the competent authorities.

The Austin, Texas area has become increasingly popular lately for education, especially in the field of technology. Already one of the well-established universities of the USA in the region University of Texas was located. And traditional universities “to illiberalism” was established and will start education with 100 students this year. University of Austin was operational.

Elon Musk has also made moves in the field of education before. When SpaceX was headquartered in California Muska school for his and his employees’ children ‘Ad Astra’He had established the . After Musk moved, the school also moved to Texas.