Tesla and SpaceX CEO Elon Musk is planning to fund new primary and secondary schools and a university in Austin, Texas, according to newly obtained tax filings from one of his charities.
The filing from 2022—an application to the Internal Revenue Service (IRS) seeking tax-exempt status—shows that Mr. Musk plans to donate $100 million to one of his charities called The Foundation, which will be used to build primary and secondary schools in Austin that teach science, technology, engineering, and math, as well as physics.