Elon Musk pledges $10 Mn to fund a fertility and population research project

The world’s richest man and the CEO of Tesla and SpaceX, Elon Musk has donated $10 million to a fertility and population research project called Population Wellbeing Initiative (PWI), according to a report by Bloomberg (paywalled).

LAFFAZ Media
LAFFAZ Media

According to Business Insider, the money was given by The Musk Foundation to the University of Texas at Austin in 2021. The PWI is a joint project of the University’s Population Research Center and its economics department. Through its research, it looks into fertility, the future of population, and economic growth.

A paper produced by the PWI and co-written by its director includes a projection that, based on declining fertility rates, “humanity is four-fifths over,” and without a reversal it’s possible “that humanity depopulates with cruelty.

The paper also opens with a quote from Will MacAskill – a prominent espouser of effective altruism, a philosophy that emphasizes focusing on long-term problems and was famously backed by FTX founder Sam Bankman-Fried.

Musk funded a two-day PWI conference last October, but the group didn’t disclose the billionaire’s involvement to the academics who flew in from across the country, according to Bloomberg.

The 52-year-old billionaire Musk has fathered 10 children from 3 women and has previously shared that population collapse could end humanity.

In July 2022, Musk on X (formerly Twitter) posted “Doing my best to help the underpopulation crisis. A collapsing birth rate is the biggest danger civilization faces by far.” as he fathered twins with a top executive at his brain-implant company Neuralink.

M Haseeb
M Haseeb

Founder of LAFFAZ Media and a self-taught business journalist with extensive experience in the business media industry. A tech enthusiast, digital marketer, and critical thinker, Mohammed Haseeb has worked with over 50 startups across India, UAE, UK, and Canada, creating effective brand marketing strategies. Known for delivering insightful commentary on startup ecosystem trends, Haseeb is committed to empowering entrepreneurs and driving growth in the digital economy.

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