According to a report by Bloomberg, Elon Musk plans to open a university in Austin, Texas. A tax return for Musk’s charity The Foundation reveals that the billionaire wants to donate $100 million to build STEM-focused elementary and secondary schools before opening a university “dedicated to education at the highest levels.” .
The foundation submitted the application for tax exemption to the Internal Revenue Service in October 2022 and, according to Bloomberg, it was approved in March of this year. As noted in the filing, the university will offer instruction from “experienced faculty” in subjects such as mathematics, science, engineering and physics, in addition to “hands-on learning experiences including simulations, case studies, manufacturing/design projects and laboratories.” The school will also have a Apply for accreditation through the Southern Association of Colleges and Schools Commission on Colleges.
The application also provides some details about the planned K-12 schools that will focus on teaching STEM subjects “and other subjects.” Initial enrollment is expected to begin at approximately 50 students, “with the goal of scaling enrollment over time.” According to a Wall Street Journal report, Musk may also open a school focused on Montessori-style education as part of his plans to build a city in Texas.
Originally posted 2023-12-14 17:12:22.