Musk made the comment on Twitter. No one knows how serious he is about this, especially given the acronym it creates.
The New York Post reports:
Elon Musk proposes the Texas Institute of Technology & ScienceTesla CEO Elon Musk tweeted Friday that he’s considering launching a new university: the “Texas Institute of Technology & Science.”It’s not clear how serious the mega-billionaire is, particularly considering the proposed school’s obscene acronym and Musk’s reputation for joking on Twitter — even to the point of violating securities laws.That didn’t stop netizens from seizing on the tweet, propelling the proposed school’s acronym to Twitter’s top 25 trending list in the US on Friday.Beyond jokes, Musk has a history of making raunchy acronyms in his business operations, including by planning the rollout of Tesla’s Models S, 3, X and Y vehicles to spell out S.3.X.Y. on the company’s website.When one Twitter user asked whether 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 said he had “funding secured” to take Tesla private at $420 a share, which sent the stock price soaring and eventually led to a settlement between Musk and the Securities and Exchange Commission that was supposed to keep the mega-billionaire largely off Twitter.
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