Philanthropy

Elon Musk Enlisted Poker Star Before Making $5.7 Billion Mystery Gift

Donation disclosed in filing that doesn’t identify a recipient
Move coincided with CEO selling stock, sparring with senators

Musk at the construction site for a new Tesla Gigafactory near Gruenheide, Germany in 2020.Photographer: Maja Hitij/Getty Images

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By Sophie Alexander

February 15, 2022 at 6:01 PM UTC

This article is for subscribers only.

Elon Musk, it seems, is finally becoming a philanthropist on the scale of his billionaire peers.

The electric car and space mogul gifted $5.7 billion worth of Tesla Inc. stock to charity in the span of 10 days in November -- many times more than he’s given away through his eponymous foundation in the two decades since it was founded. Where that donation is going is a mystery, but it’s just one more signal that the world’s richest person is taking philanthropy more seriously.