Yes, you did read that right.
PayPal innovator Peter Thiel is investing a colossal amount of money in a bid to bring back the Earthly presence of the woolly mammoth.
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Peter, who is worth $2.7billion, has reportedly put in $100,000 of his fortune into to help modify elephant cells using DNA recovered from the bodies of frozen mammoths.
These old beasts went extinct more than 10,000 years ago, with scientists unsure whether human hunting or climate change brought the species to an end.
Now, with a clear passion for woolly mammoths, Mr Thiel is said to have backed a premium Harvard team in this ambitious attempt to bring the woolly mammoth back to life.
The claims were published in a book named 'Woolly: The True Story of the Quest to Revive One of History's Most Iconic Extinct Creatures', by American author Ben Mezrich.
Talking to Mr Mezrich, one scientist explained:
Just remember: It's only science fiction until we remove the fiction, then it becomes real.
It seems that Thiel and Mezrich got together to brainstorm ideas for a ground-breaking project and the PayPal founder decided to plough his funds into a woolly mammoth revival over an anti-ageing scheme and an artificial intelligence project.
For full details of this amazing woolly mammoth ressurection project, check this video out...