Dec 19, 2023, 11:43 AM
(From Bloomberg) Elon Musk, who relocated to Texas amid the pandemic, is set to launch a STEM-centric primary and secondary school, as per tax filings for his recent charity, The Foundation. Backed by $2.2 billion in Tesla stock, the STEM school targets an inaugural class of 50 students. Once operating, it "intends ultimately to expand its operations to create a university dedicated to education at the highest levels," according to an application. The institution is actively pursuing accreditation from the Southern Association of Colleges and Schools Commission on Colleges.
15
years is the target ceiling for a school plant's financial "age."
