Texas Institute Of Technology and Science
TypePrivate University
EstablishedDecember 13, 2023
FounderElon Musk
Location
Austin, Texas
,
United States

Texas Institute of Technology and Science is a proposal by Elon Musk to open a university in Austin, Texas.[1]

Background

Musk's personal views include frequent criticism of the American education system.[2][3] In 2014, he founded Astra Nova School (then Ad Astra School) after pulling his five sons out of school because he disapproved of the curriculum, and how it was presented.[3]

Musk initially tweeted about the possible project in 2021.[1]

Initial funding

In December 2023, tax records revealed that Musk had donated $100 million to a new foundation, "The Foundation", set up to create a primary and secondary school focused on teaching science, technology, engineering, and math (STEM) subjects.[4][5] The foundation included plans to expand the project to the university level accredited by the Southern Association of Colleges and Schools.[4] In 2022, Musk allocated Tesla, Inc. stock valued at $2.2 billion to The Foundation, as reported by Bloomberg.

According to the report, the university intends to be tuition-free, but may consider offering need-based scholarships in the future.[6] The university is expected to receive funding primarily through donations.[7]

References

  1. 1 2 "Elon Musk Says Planning to Open 'Texas Institute of Technology & Science'". News18. October 30, 2021. Retrieved December 14, 2023.
  2. ↑ "Learn About Elon Musk's Views On Education". InsideEVs. Retrieved December 14, 2023.
  3. 1 2 "Elon Musk Criticizes Boring Education System, This Is How It Should Be". VOI - Waktunya Merevolusi Pemberitaan. Retrieved December 14, 2023.
  4. 1 2 Kay, Grace. "Elon Musk plans to launch his own university in Texas, report says". Business Insider. Retrieved December 14, 2023.
  5. ↑ Tax Filing
  6. ↑ IV, Antonio Pequeño. "Elon Musk University? Billionaire Pledges $100 Million To Launch School In Texas, Report Says". Forbes. Retrieved December 14, 2023.
  7. ↑ McGee, Kate (December 13, 2023). "Elon Musk plans to open a new university in Austin". The Texas Tribune. Retrieved December 14, 2023.
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