to me, it’s remarkable how little trump and musk have done with their vast fortunes to improve anything. collectively, they must have over a trillion dollars in personal wealth. yet, what have they done? made more for themselves. have they helped anyone, with anything, ever, that didn’t involve them getting more for themselves
Trump? No, he's a narcissistic grifter who never gave anything to anyone if he could get away with it.
But here are the 10 largest donations Musk gave in
2023:
The Foundation
Amount:
$137.1 million (combining two separate donations)
Cause: Funding a new K-12 school and university in Austin, TX.
X Prize Foundation
Amount:
$54 million
Cause: Supporting a prize for new technologies for carbon removal.
Fidelity Charitable
Amount:
$25 million
Cause: Funding for undisclosed nonprofits. This entity is a sponsor of donor-advised funds, a charitable giving vehicle.
Hack Foundation
Amount:
$4 million
Cause: Funding to improve coding education in U.S. high schools.
Los Fresnos Independent School District
Amount:
$2.2 million
Cause: Supporting school education and programs at this south Texas school district.
GiveDirectly
Amount:
$2.2 million
Cause: Providing financial support for families living in poverty. GiveDirectly grants cash to families in need.
Code.org
Amount:
$2 million
Cause: Supporting computer science programs in schools.
Brownsville Independent School District
Amount:
$1.75 million
Cause: Supporting school education and programs at this south Texas school district.
Medicins Sans Frontieres (aka Doctors Without Borders)
Amount:
$1 million
Cause: Funding for humanitarian aid responses.
Harlingen Independent School District
Amount: $997,000
Cause: Supporting school education and programs at this south Texas school district.
$227 million in 2023 alone in direct donations.
He also provided free Starlink to Ukraine for a while,
Elon Musk says SpaceX will keep funding Starlink internet in Ukraine
Elon Musk on Saturday announced that his company would continue to pay for Starlink satellite internet in Ukraine, a day after suggesting he could not keep funding the project, which he said was losing around $20m a month.
“The hell with it,” the world’s richest man wrote on Twitter. “Even though Starlink is still losing money & other companies are getting billions of taxpayer $, we’ll just keep funding Ukraine govt for free.”
and supplied Cybertrucks to help with California wildfires.
Tesla sends Cybertrucks to L.A. to provide Starlink internet to impacted communities
Tesla CEO Elon Musk announced on X that the donated Cybertrucks will act as mobile base stations, providing essential services to affected areas.. The Altadena Mountain Rescue Team confirmed that the vehicles would remain at the sheriff’s station until power is restored. Tesla also plans to send additional Cybertrucks to other fire-stricken areas in Los Angeles and Malibu.
“Apologies to those expecting Cybertruck deliveries in California over the next few days,” Musk wrote on X. “We need to use those trucks as mobile base stations to provide power to Starlink Internet terminals in areas of LA without connectivity.”
However I saw what you did there with "...that didn’t involve them getting more for themselves" - nice little weasel words you can use to argue that anything Musk does is only intended to enrich himself. If so then he went a strange way about it. After getting $180 million from PayPal, he invested almost the entire amount into two incredibly risky ventures - Tesla and SpaceX. It doesn't look like profit was his motive in either case.
SpaceX has saved the taxpayer a bundle in services to NASA, and launched constellations of satellites to provide better internet in rural areas.
Tesla's stated mission is to "accelerate the world's transition to sustainable energy". Gas cars are a big producer of CO
2 emissions which are causing global warming. Tesla is the only major car maker in the world that produces only pure EVs. The lifetime emissions of a Tesla are 60% less than the average gas car. Telsa is also making grid-scale storage to make better use of wind and solar, hastening the transion to low carbon energy. How much is all that worth? I can't be bothered doing the math right now (just take the amount of GHG avoided and calculate the cost of carbon capture that would otherwise be needed), but I bet it's billions.
Now consider that Musk only owns 13% of Tesla, which is currently valued at $1.3 trillion. That means all the
other shareholders have a combined $1.15 trillion worth, 7.7 times more than Musk - and every one of them is benefiting when Tesla does better. "Who cares about those fat-cat investors!" you retort. Well that includes many of Tesla's own employees - over 120,000 world-wide - who are encouraged to buy shares in the company. Tesla also pays them above industry average wages.
But of course none of this matters to you. Anything less than giving away most of his wealth wouldn't be enough for you. To do that he would have to sell most of his shares - which is where his wealth comes from (Musk draws practically no income from his businesses) - losing control over his companies which would then be free to follow a less altruistic agenda. And that would hurt
everyone.
We
need to dramatically cut back on fossil fuels and be far more sustainable to prevent the World from going to hell. Musk is doing a lot more to achieve that than almost anyone else on the planet. But you want to cancel him because you don't like some of his political views (which are shared by half the population) and hate that he has the power to get stuff done. The real villians are people like you.