Texas Institute of Technology and Science

Texas Institute of Technology and Science is a proposal by Elon Musk to open a university in Austin, Texas.

Background
Musk's personal views include frequent criticism of the American education system. 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.

Musk initially tweeted about the possible project in 2021.

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