Tesla and SpaceX CEO Elon Musk teased his latest philanthropic endeavor on Thursday: a contest aimed at encouraging more innovative carbon capture technologies.
"I Am donating $100M towards a prize for best carbon capture technology," Musk tweeted, adding that he would provide "details next week."
Musk, who briefly passed Amazon CEO Jeff Bezos as the world's richest man before a slide in Tesla's stock price dropped him back a spot, recently asked his Twitter followers for advice on how to best give away his money.
"Critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems)," Musk tweeted earlier this month.
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