Written by Devon Pendleton and Bloomberg
Elon Musk said he plans to donate $100 million toward a prize for the best carbon capture technology, weeks after he became the world’s richest person.
Musk made the announcement Thursday on Twitter, his preferred medium of communication, and said details would come next week.
The Tesla co-founder’s net worth surged in the past year, boosting him past Jeff Bezos, as the carmaker delivered consistent profits, attracted legions of retail investors and earned inclusion in the S&P 500 Index.
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