Elon Musk plans to open his own university in Austin, Texas. But first, he will open a school there for elementary, middle, and high school students.
This is what writes Bloomberg, after examining the tax returns of Musk’s new charity, The Foundation, and Austin American-Statesman.
Musk has already made donations worth about $100 million. Among the trustees of The Foundation are entrepreneur Jared Birchell, attorney Steven Chidester, and financial advisors Ronald Gong and Teresa Holland of Withersworldwide
The school will teach using STEM-methodology, which means that the emphasis will be on the exact sciences and natural sciences, which will be studied in a complex and practical way, solving applied, including “engineering” problems. They want to enroll 50 children in the first grade.
As soon as the school starts working, the university will be launched as well. Traditional curricula will be combined with practice: students will analyze real cases, model and engage in research and development projects, and conduct experiments in laboratories.
Initially, the training will be free of charge. In the future, payment will be introduced both at school and at the university, but students will be granted scholarships. The accreditation will be requested from The Southern Association of Colleges & Schools Commission on Colleges, a U.S. Department of Education-recognized agency that accredits more than 13,000 public and private educational institutions in the U.S.
- About a decade ago, Musk created the Ad Astra school at the SpaceX campus in California for his five children and several children of the space company’s employees. When Musk moved to Texas in 2020, the school also moved.