SpaceX’s Elon Musk donates $50 million to Inspiration4 spaceflight fundraiser for St. Jude Children’s Research Hospital

SpaceX founder and CEO Elon Musk will donate $50 million to benefit childhood cancer research by the St. Jude Children’s Research Hospital, launching an ambitious fundraiser by the private Inspiration4 space mission beyond its $200 million goal. 

Musk made the pledge late Saturday (Sept. 18) after the four private astronauts of the Inspiration4 mission returned safely to Earth with a splashdown in the Atlantic Ocean, just off the Florida coast. The mission was financed by billionaire tech entrepreneur Jared Isaacman, who bought the flight with SpaceX and served as its commander, to raise awareness and support for St. Jude. As of splashdown, the mission had raised about $160 million for the hospital.

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