Jump to content

Texas Institute of Technology and Science

From Wikipedia, the free encyclopedia

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

Texas Institute of Technology and Science is a proposal by Elon Musk to open a university in Austin, Texas.[1][2]

Background

[edit]

Musk's personal views include frequent criticism of the American education system.[3][4] 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.[4]

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

Initial funding

[edit]

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.[5][6] The foundation included plans to expand the project to the university level accredited by the Southern Association of Colleges and Schools.[5] In 2022, Musk allocated Tesla, Inc. stock valued at $2.2 billion to The Foundation, as reported by Bloomberg.[2]

According to the report, the university intends to be tuition-free, but may consider offering need-based scholarships in the future.[7] The university is expected to receive funding primarily through donations.[8]

References

[edit]
  1. ^ a b "Elon Musk Says Planning to Open 'Texas Institute of Technology & Science'". News18. October 30, 2021. Retrieved December 14, 2023.
  2. ^ a b Karlis, Michael. "Texas billionaire Elon Musk launching new university in Austin, according to filing". San Antonio Current. Retrieved February 22, 2024.
  3. ^ "Learn About Elon Musk's Views On Education". InsideEVs. Retrieved December 14, 2023.
  4. ^ a b "Elon Musk Criticizes Boring Education System, This Is How It Should Be". VOI - Waktunya Merevolusi Pemberitaan. Retrieved December 14, 2023.
  5. ^ a b Kay, Grace. "Elon Musk plans to launch his own university in Texas, report says". Business Insider. Retrieved December 14, 2023.
  6. ^ Tax Filing
  7. ^ IV, Antonio Pequeño. "Elon Musk University? Billionaire Pledges $100 Million To Launch School In Texas, Report Says". Forbes. Retrieved December 14, 2023.
  8. ^ McGee, Kate (December 13, 2023). "Elon Musk plans to open a new university in Austin". The Texas Tribune. Retrieved December 14, 2023.