‘Texas Institute of Technology & Science?’ — Elon Musk is Planning a New University in Austin, Texas
Billionaire entrepreneur Elon Musk, who famously relocated to Texas during the global pandemic, is setting his sights on shaking up higher education with a model combining rigorous academics and practical experience, The Time reported.
Musk continues his foray into education with plans to establish a new university in Austin, as per recent tax filings for his latest charitable endeavor, The Foundation.
According to these documents, the institution is poised to begin as a STEM-focused primary and secondary school, backed by an approximate $100 million donation from Musk.
The long-term vision for this educational project is ambitious. Following the establishment of the primary and secondary school, plans are to expand into a full-fledged university. This institution aims to offer “education at the highest levels,” as stated in the application for tax-exempt status submitted to the Internal Revenue Service.