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Benzinga
  • 2 years ago
Elon Musk has contributed $100 million to build a STEM-focused K-12 school in Austin, Texas, through his charity called The Foundation. Once the K-12 school is established and operating, the long-term plan is to expand it into a university. The university aims to have experienced faculty and a traditional curriculum combined with hands-on learning through projects, simulations, and labs. It will seek accreditation from the Southern Association of Colleges and Schools Commission on Colleges. Elon Musk's move to open a school comes as he has expanded his business interests in Texas with Tesla's headquarters relocating to Austin and SpaceX having a facility in the state.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 Elon Musk has contributed $100 million to build a STEM-focused K-12 school in Austin,
00:07 Texas through his charity called The Foundation.
00:11 Once the K-12 school is established and operating, the long-term plan is to expand it into a
00:15 university.
00:16 The university aims to have experienced faculty in a traditional curriculum combined with
00:21 hands-on learning through projects, simulations and labs.
00:24 It will seek accreditation from the Southern Association of Colleges and Schools Commission
00:29 on Colleges.
00:30 Elon Musk's move to open a school comes as he has expanded his business interests
00:34 in Texas with Tesla headquarters relocating to Austin and SpaceX having a faculty in the
00:39 state.
00:40 For all things money, visit Benzinga.com.
00:41 [BLANK_AUDIO]
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