Yes. Musk attended three universities and earned two undergraduate degrees from the University of Pennsylvania: a Bachelor of Arts in physics and a Bachelor of Science in economics from the Wharton School. He studied briefly in South Africa, spent two years at Queen’s University in Canada, then transferred to Penn, finishing his coursework in 1995.
He was later accepted to a graduate program at Stanford but never completed a graduate degree. That single detail is the source of most of the confusion surrounding his schooling.