Texas Institute of Technology and Science explained

Texas Institute Of Technology and Science
Established:December 13, 2023
Country:United States

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

Background

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]

In October 2021, Musk tweeted that he would start a new university named Texas Institute of Technology and Science, which corresponds to the acronym TITS.[5] [6] [7] Musk added, "it will have epic merch, universally admired". The name, specifically the acronym, was criticized as sexist.

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.[8] [9] The foundation included plans to expand the project to the university level accredited by the Southern Association of Colleges and Schools.[8] 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.[10] The university is expected to receive funding primarily through donations.[11]

Notes and References

  1. Web site: 2021-10-30 . Elon Musk Says Planning to Open 'Texas Institute of Technology & Science' . 2023-12-14 . News18 . en.
  2. Web site: Karlis . Michael . Texas billionaire Elon Musk launching new university in Austin, according to filing . 2024-02-22 . San Antonio Current . en.
  3. Web site: Learn About Elon Musk's Views On Education . 2023-12-14 . InsideEVs . en.
  4. Web site: Elon Musk Criticizes Boring Education System, This Is How It Should Be . 2023-12-14 . VOI - Waktunya Merevolusi Pemberitaan . en.
  5. News: Bhattacharya . Ananya . In one tweet, Elon Musk captures the everyday sexism faced by women in STEM . . November 1, 2021 . https://web.archive.org/web/20211101205344/https://qz.com/work/2082746/elon-musks-tweet-captures-everyday-sexism-faced-by-women-in-stem/ . November 1, 2021. live.
  6. News: Brodkin . Jon . Tesla sexual harassment lawsuits multiply as 6 more women sue Musk-led firm . . December 15, 2021 . https://web.archive.org/web/20211215195802/https://arstechnica.com/tech-policy/2021/12/tesla-sexual-harassment-lawsuits-multiply-as-6-more-women-sue-musk-led-firm/ . December 15, 2021. live.
  7. News: Siddiqui . Faiz . A Tesla factory worker alleges sexual harassment is rampant in a rare lawsuit. Now other women are stepping forward. . . November 19, 2021 . https://web.archive.org/web/20211119124421/https://www.washingtonpost.com/technology/2021/11/19/tesla-sexual-harassment/ . November 19, 2021.
  8. Web site: Kay . Grace . Elon Musk plans to launch his own university in Texas, report says . 2023-12-14 . Business Insider . en-US.
  9. https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rUU_RDpkhmuQ/v0 Tax Filing
  10. Web site: IV . Antonio Pequeño . Elon Musk University? Billionaire Pledges $100 Million To Launch School In Texas, Report Says . 2023-12-14 . Forbes . en.
  11. Web site: McGee . Kate . 2023-12-13 . Elon Musk plans to open a new university in Austin . 2023-12-14 . The Texas Tribune . en.

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