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Elon Musk spends $100m to open new university in Texas

Tax filings show Musk’s charity The Foundation seeks to establish primary and secondary Stem school in Austin

Elon Musk has plans to open a new university in Texas, according to tax filings.

Bloomberg reported the filings show Musk donated $100m to his charity, The Foundation, to establish a primary and secondary Stem school in Austin – and later to seek accreditation from the Southern Association of Colleges and Schools Commission on Colleges for launching a university.

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