Elon Musk, CEO of Tesla, has donated 268,000 Tesla shares, valued at approximately $108 million, to undisclosed charities, according to a regulatory filing dated December 30, 2024. BARRON’S This contribution continues Musk’s pattern of substantial year-end donations. In 2022, he donated Tesla shares worth $1.95 billion, and in 2021, he contributed approximately $5.74 billion to the Musk Foundation, his nonprofit organization. REUTERS The Musk Foundation supports various causes, including renewable energy, space exploration, pediatric research, science and engineering education, and the development of safe artificial intelligence. WIKIPEDIA As of January 2025, Musk remains the world’s richest person, with a net worth exceeding $415 billion, and continues to hold nearly 411 million Tesla shares
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Elon Musk’s recent donation of 268,000 Tesla shares, valued at approximately $108 million, underscores his ongoing commitment to philanthropy. As reported by Barron’s, this donation was disclosed in a regulatory filing dated December 30, 2024, with the recipient charities remaining undisclosed.
This aligns with Musk’s tradition of substantial year-end giving. For instance, in 2022, he donated Tesla shares worth $1.95 billion, while in 2021, he contributed $5.74 billion to the Musk Foundation, as noted by Reuters.
The Musk Foundation, his nonprofit organization, supports diverse causes, including renewable energy, space exploration, pediatric research, science and engineering education, and safe artificial intelligence, per Wikipedia.
Despite his generous giving, Musk remains the world’s richest individual in January 2025, with a net worth exceeding $415 billion, according to Barron’s. He still holds nearly 411 million Tesla shares, showcasing his strong position in the company while pursuing philanthropic endeavors.
