Category: Musk Foundation

Elon Musk’s Foundation Grows to $14 Billion, but Gives Little to Outsiders

The philanthropy has become one of America’s biggest, but most of its giving went to charities closely tied to the world’s richest man.
Musk’s Foundation Gave Away Less Money Than Required in 2023

Private foundations must donate 5 percent of their assets every year. Elon Musk’s enormous charity missed that standard for three consecutive years.
Elon Musk Has a Giant Charity. Its Money Stays Close to Home.

After making billions in tax-deductible donations to his philanthropy, the owner of Tesla and SpaceX gave away far less than required in some years — and what he did give often supported his own interests.

Elon Musk’s Foundation Grows to $14 Billion, but Gives Little to Outsiders