Elon Musk says he will ‘significantly’ increase childcare allowances at his companies


says Elon Musk he will increase childcare allowances at his companies as part of his mission to tackle the ‘underpopulation crisis’ which he adamantly claims is ‘by far the greatest danger facing civilization’ . The world’s richest man currently runs Tesla, SpaceX, Neuralink and The Boring Company – he was also close to running Twitter until he tried to pull out of the $44bn takeover, at large dissatisfaction of the company’s board of directors.

“Kids are worth it if possible,” Musk writes. “I plan to significantly increase childcare allowances in my companies. Hopefully other companies do the same. Musk’s statement comes in response to a tweet asking about the financial implications of having multiple children, a thread on which Nick Cannon, who also has a growing family, even replied. Musk adds that the Musk Foundation will also “donate directly to families,” but it’s unclear exactly what that means. Musk says he will share more details about those plans next month.

As pointed out Initiated, Tesla is currently offering up to 16 weeks of paid family leave, as well as up to $40,000 for fertility services. Neuralink’s job postings say it offers parental leave, but it’s unclear what kind of family benefits SpaceX and The Boring Company have to offer.

Musk spoke about the collapse in the birth rate various time in the recent pastand broached the subject once again after a report from Initiated revealed that Musk had twins with one of his top Neuralink executives, Shivon Zilis, last year. Although Musk did not directly confirm the report, he tweeted: “Do my best to help the underpopulation crisis”, shortly after the claims surfaced. Musk, who currently has nine known children, has made big promises in response to tweets in the past — some he’s followed, and some… not so much.

Thanks to Twitter, he pledged to fund Flint, Michigan to help residents access clean water – which the city recently used to unveil drinking fountains in schools – and also responded to the call of Ukrainian President Volodymyr Zelenskyy send Starlink satellites at the start of the Russian invasion. We’ll have to see if Musk delivers on his promise to increase childcare benefits, or if this is just a fanciful statement that his promise to transform Twitter is starting to look like.


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