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Elon Musk Puts $100M Into Carbon Capture

Elon Musk, the CEO and founder of Hawthorne, California-based companies SpaceX and The Boring Company said on Thursday that he is donating $100M to a new prize for the best carbon capture technology. Musk said more details would be announced next week. Musk has spoken in the past about the existential threat posed by climate change, and also runs Tesla--which makes electric cars, solar panels, and battery energy storage systems. Musk also has described his efforts at launching people and payloads into space with SpaceX as part of a grand plan to "second chance for humanity" in case of destruction on earth.