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Illustration: Aïda Amer/Axios

Billionaires Elon Musk and Jeff Bezos are casting the fortunes they've spent on building new rockets to help humankind escape our home planet as a far greater legacy than funding more terrestrial good deeds.

The big picture: They're reframing for-profit businesses — SpaceX and Blue Origin — in philanthropic terms.

Musk spent $100 million to get SpaceX off the ground in 2006.

  • On the other hand, his private charity, the Musk Foundation, started in 2001, gave away $54 million over 15 years to environmental, educational, medical and other causes, according to an analysis by The Guardian. (He has also signed the Giving Pledge.)
  • “We’re faced with a choice: Which future do you want?" Musk said at the unveiling of SpaceX's Starship in September.
  • "Do you want the future where we become a space-faring civilization and are on many worlds and are out there among the stars, or one where we are forever confined to Earth?”

Bezos has reportedly funneled $1 billion a year into Blue Origin — compared with recent grants of $98.5 million focused on homelessness and education from his year-old philanthropy, the Bezos Day One Fund, that was seeded with $2 billion.

  • As for space travel, “I think it is important for this planet," Bezos told CBS in July.
  • "I think it’s important for the dynamism of future generations. It is something I care deeply about. And it is something I have been thinking about all my life.”

Both billionaires believe the only way for humanity to survive as a species is to go to space — to provide an insurance policy against damage to Earth, or allow harmful activities to be moved off-world.

Keep in mind: SpaceX brings in billions from government and commercial contracts, and Blue Origin is chasing after those contracts to get its launch business up and running.

The bottom line: The Bezos-and-Musk brand of philanthropy says, in effect: “My big contribution to human knowledge and understanding is my space company.”

Go deeper:

Go deeper

Most teachers are white. Most students aren't.

Expand chart
Data: U.S. Department of Education, National Center for Education Statistics; Chart: Baidi Wang/Axios

The nation's 6.6 million teacher workforce has grown more racially and ethnically diverse over the past three decades — but not nearly fast enough to keep pace with a student population that's nearing majority-minority in public schools, two new reports show.

Why it matters: The disparities are especially acute between Hispanic students and teachers, and in schools with 90% or higher non-white student populations.

Updated 11 hours ago - World

UK government: Kremlin has plan "to install pro-Russian leadership" in Ukraine

British Foreign Secretary Elizabeth Truss. Photo: Gints Ivuskans / AFP via Getty Images

The United Kingdom's Foreign Secretary on Saturday night said the government has "information that indicates the Russian Government is looking to install a pro-Russian leader in Kyiv as it considers whether to invade and occupy Ukraine."

Driving the news: U.S. National Security Council spokeswoman Emily Horne called the intelligence "deeply concerning" in a statement to Axios. The Biden administration has said Russia is actively manufacturing a pretext for invasion and warned that Putin could use joint military exercises in Belarus as cover to invade from the north.

Updated 13 hours ago - Science

This powerful new accelerator looks for keys to the center of atoms

Illustration: Eniola Odetunde/Axios

Nuclear physicists trying to piece together how atoms are built are about to get a powerful new tool.

Why it matters: When the Facility for Rare Isotope Beams begins experiments later this spring, physicists from around the world will use the particle accelerator to better understand the inner workings of atoms that make up all the matter that can be seen in the universe.