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

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

Elon Musk has said he will increase childcare allowances at his companies as part of his mission to tackle the "crisis of low population" which he says is "the greatest danger facing civilization." face". The richest man in the world currently runs Tesla, SpaceX, Neuralink and The Boring Company - he was also close to running Twitter until trying to pull out of a $44 billion acquisition, to the great displeasure of the company. Companies Board of Directors. 

 "Children are valuable if possible," Musk wrote. "I plan to significantly increase childcare allowances at my companies. Hopefully other companies will do the same. Musk's statement came in response to a tweet asking about the financial impact." the main issue of multiple births, a topic to which Nick Cannon, who also has a growing family Musk added that the Musk Foundation will also "donate directly to families", but it's unclear exactly what that means what does it mean. Musk said he'll share more details about those plans next month. 

 As Insider pointed out, Tesla is currently offering up to 16 weeks of paid  leave, as well as  up to $40,000 for fertility services. Neuralink's job postings say they're allowing parents to quit, but it's unclear what family benefits SpaceX and The Boring Company will offer. 

 Musk has brought up the fertility fallout many times in the past and brought up the topic  again after an Insider report  revealed that Musk had twins with one of the Neuralink executives. Shivon Zilis last year. Although Musk did not directly confirm the report, he tweeted, "Doing our best to help with the low population crisis," shortly after the claims surfaced. Musk, who now has 9 known children, has made big promises in response to past tweets - some he follows, and some... not so much. 

 Via Twitter, he pledged funding to  Flint, Michigan to help residents access clean water - which the city recently used to open school drinking fountains - and also responded to the call of Ukrainian President Volodymyr Zelenskyy sent the Starlink satellite at the start of the Russian invasion. We'll have to see if Musk delivers on his promise to increase childcare benefits, or if it's just a fanciful claim that his promise to transform Twitter is starting.