Elon Musk proposes Texas Institute of Technologies & Science

Tesla CEO Elon Musk tweeted Friday that he’s taking into consideration launching a new university: the “Texas Institute of Technology & Science.”

It is not clear how severe the mega-billionaire is, significantly contemplating the proposed school’s obscene acronym and Musk’s popularity for joking on Twitter — even to the point of violating securities regulations.

That did not cease netizens from seizing on the tweet, propelling the proposed school’s acronym to Twitter’s top 25 trending listing in the US on Friday.

Outside of jokes, Musk has a heritage of making raunchy acronyms in his organization functions, like by preparing the rollout of Tesla’s Models S, 3, X and Y automobiles to spell out S.3.X.Y. on the company’s website.

When one particular Twitter consumer asked no matter if he had secured funding for the university, Musk responded, “obv.”

That could have just been a nod to Musk’s 2018 tweet in which he stated he had “funding secured” to get Tesla personal at $420 a share, which sent the inventory value soaring and at some point led to a settlement concerning Musk and the Securities and Exchange Fee that was intended to hold the mega-billionaire mainly off Twitter.

In one more comply with-up tweet Friday early morning, Musk said the proposed college would “have epic merch.”

Am imagining of commencing new university:
Texas Institute of Technology & Science

— Elon Musk (@elonmusk) Oct 29, 2021

Musk’s personal feelings about college, however, have been lukewarm. He’s repeatedly derided the working experience, declaring very last year that schools are “for fun and to show that you can do your chores, but they are not for finding out.”

He’s also reported Tesla will not have college necessities for work opportunities, “because that’s absurd.”

Musk — worth an estimated $302 billion — has been ramping up his presence and that of his companies in Texas.

Final yr, he declared that he was individually relocating to the Lone Star Point out — where there’s no individual income tax — and earlier this thirty day period he introduced that his electrical car business would transfer its headquarters to the Austin spot as properly.

Tesla will carry on to broaden its enormous plant in Fremont, California, but Musk has stated the corporation designs to start creation at its new factory in Austin up coming 12 months.

Musk’s two other corporations, SpaceX and The Boring Enterprise, are both equally even now based in Hawthorne, California.

But SpaceX’s start web-site, dubbed Starbase, sits in southeast Texas, close to Boca Chica, an unincorporated seaside village in Cameron County. Musk has sought to develop the Starbase and basically build an included US town in the area.

And The Monotonous Organization has formerly hinted of a comparable growth to Texas by teasing job postings in the state.

And the San Antonio Specific-News reported earlier this yr that the corporation is in talks with San Antonio and Austin officials to develop an underground transportation loop in Central Texas, like the a single that opened this summertime in Las Vegas.

Musk isn’t the only tech billionaire to broaden his functions in Texas. Other key know-how organizations, which includes Oracle and Hewlett Packard, have left California for Texas in the previous yr.

Point out officials have been courting organizations to make the transfer, dangling significant-time tax breaks to set new facilities in the point out via the Texas Financial Advancement Act.

And Austin, with its comparatively lower price of dwelling, strong college as properly as popular activities like South by Southwest, has been a hot spot for tech companies and their employees.