Elon Musk recently announced the purchase of Stanford University for $139 billion. Stanford University will be renamed "X, Formerly Known as Leland Stanford Junior University," abbreviated as X-FKA-LSJU.
Musk previously bought Twitter (now "X") for $44 billion, and learned that buying higher education might be his next move. Now he is planning to reorganize higher education institutions.
According to Musk's plan, all members of Stanford's engineering faculty will be assigned to a project to develop autonomous USB drives that can be inserted into people's computers and necks and deliver data by themselves.
He also plans to erect a statue of himself at Stanford. He said that his children will study at Stanford, which is like fulfilling a big dream of his life.
This whole thing is just meant to be a joke and has nothing to do with reality. But given Musk's recent activities, the news is meant to entertain by writing such a satire.