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Wednesday, 20 January 2021 20:05

Elon Musk Makes $5M COVID-19 Research Donation

Written by Joey Klender, Teslarati

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Tesla CEO Elon Musk has continued a trend of giving back with a $5 million donation to Boston researchers who aim to create a COVID-19 vaccine and diagnostic tool.

The Musk Foundation donated to Dr. Dan Barouch, director of the Center for Virology and Vaccine Research at Beth Israel Deaconess Medical Center. Barouch is also a member of the Massachusetts Institute of Technology and Harvard University.

 

Additionally, Galit Alter, a Ragon Institute professor of medicine, also received the donation.

 

The two researchers have made several large strides in the fight against the pandemic. Barouch developed a COVID-19 vaccine with Johnson & Johnson, and it is currently in the late-stage clinical trial. Alter has developed tests to screen for COVID antibodies that indicate exposure to the virus. One is begin used by Musk’s SpaceX to prevent the spread of the virus, the Boston Globe reported.

 

The $5 million donation will be split equally between Barouch and Alter’s labs.

 

“We’re delighted that he has provided this generous support for our program,” Barouch said about the donation.

 

Musk has had several conversations with both doctors. Alter said that Musk was always “polarizing” to her, but conversations showed that the Tesla CEO is caring as he opened up plenty of dialogue on how COVID can be attacked with vaccines. Barouch agreed and was impressed with Musk’s desire to learn about vaccines and how fighting the virus can make the world a better place.

 

“[Elon] has always been very open to the emerging science,” Barouch said.

 

It is not the first time that Musk has donated some of his substantial net worth to others. Over the past few weeks, Musk has been using his money to...


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