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Corporate Leadership

Musk Says He’ll Boost Child-Care Benefits at His Companies Significantly

`Hopefully, other companies do same,’ the Tesla CEO said on Twitter

Elon Musk
Elon MuskPhotographer: Maja Hitij/Getty Images

Billionaire Elon Musk, the chief executive officer at Tesla Inc. and SpaceX, said Friday that he plans to increase child-care benefits at his companies “significantly.”

“Hopefully, other companies do same,” he said on Twitter. The executive also said Musk Foundation, which makes private grants, “plans to donate directly to families.”