Musk Pledges $50 Million to Children's Charity Inspiration4, the first-ever tourism mission into space, launched Wednesday morning.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

picture alliance | Getty Images

Elon Musk pledged on Saturday to donate $50 million to St. Jude Children's Research Hospital, helping exceed the $200 million fundraising goal of last week's Inspiration4 space mission.

"Count me in for $50M," the SpaceX founder tweeted after the account for Inspiration4 tweeted that the all-civilian crew was back on Earth and still soliciting donations to hit the $200 million mark.

Inspiration4, the first-ever tourism mission into space, launched Wednesday morning. Four people were onboard the SpaceX Falcon 9 rocket, which departed from NASA's Kennedy Space Center in Florida. The crew came back down off the coast of Florida.

Related: NASA Awards SpaceX, Blue Origin, and 3 Other Companies $146 Million In Contracts to Make Moon Lander Designs

According to a release from SpaceX, the spaceflight mission launched at 8:02 p.m ET Wednesday. A second release confirmed the splashdown occurred at 7:06 p.m. ET Saturday. The crew spent six months training for the mission, which is expected to last about three days.

The crew set a number of records for spaceflight, including featuring the first Black female spacecraft pilot, the youngest American in space and the first person to fly to space with a prosthetic. It was the farthest flight for a human spaceflight since the Hubble missions and the first time SpaceX has operated three Dragons in space.

At the time of splashdown, the flight's fundraising stood at $154 million.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Franchise

The 10 Best Franchises to Open in 2018

Here's everything you need to know about the startup costs, training and investment opportunities from the top 10 companies in our Franchise 500.

Business News

'Nothing More Powerful': How to Transform Companies From Within as an 'Intrapreneur,' According to a Microsoft Office and Yahoo! Shopping Cofounder

Elizabeth Funk wrote the first code for Yahoo! Shopping on her own, based on skills she acquired from an "HTML for Dummies" book.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

How Meta Generated $32 Billion in Ad Revenue Last Quarter — and How You Can Create Million-Dollar Weekends Using the Same Strategies

Meta's staggering $32 billion quarterly ad revenue isn't just about size; it's about strategy, systems and execution as well.