New York Times: Half of Musk Foundation donations linked to Musk and his businesses

BUSINESS INSIDER

Elon Musk’s charity makes infrequent donations and the ones it does make often support his own interests, according to an in-depth analysis by The New York Times.

About half of the donations made by Musk’s charitable Musk Foundation in 2021 and 2022 had some link to him, one of his employees, or one of his businesses, the analysis found.

For instance, in March 2021 the Musk Foundation gave millions to Cameron County — a pledge made by Musk within hours of a SpaceX rocket blowing up and scattering metal across the area.

Other donations included $55 million to help a major SpaceX customer meet a charitable pledge and donations to two schools closely tied to Musk’s businesses, the paper noted.

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