Elon Musk says his companies including SpaceX, Tesla count as philanthropy as he rebuffs billionaire hate | Businessinsider

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Billionaire Elon Musk has said the companies he founded or runs 'are philanthropy' because they seek to better the future for humanity. | BISouthAfrica

Elon Musk says his companies including SpaceX, Tesla count as philanthropy as he rebuffs billionaire hateElon Musk is the world's richest person with an estimated net worth of $251 billion, according to Bloomberg.Elon Musk said Tesla, SpaceX, Neuralink, and The Boring Company "are philanthropy."

Asked by Anderson what he thinks of billionaire philanthropy, Musk said: "If you care about the reality of goodness instead of the perception of it, philanthropy is extremely difficult." Although philanthropy has come to be associated with generous donations by the very wealthy, the Greek-derived phrase means"love of humanity."

is trying to"help solve brain injuries and existential risk with AI " and tunnel-digging firm Boring Company"is trying to solve traffic, which is hell for most people, and that also is love of humanity," Musk said.philanthropy as"goodwill to fellow members of the human race" and, more explicitly:"An act or gift done or made for humanitarian purposes" or"an organization distributing or supported by funds set aside for humanitarian purposes.

 

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