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SpaceX, Musk's spacecraft manufacturing company, already has facilities in Bastrop, where Musk is building the Hyperloop Plaza, which he imagines as a work-live community for his employees.
How Bastrop, pop. 12,000, became a magnet for a handful of Musk companies. Elon Musk’s business empire is taking over a small Texan town. Not all of its residents are pleased
Snailbrook is a company town under construction in Bastrop County within the Greater Austin region of Texas. It is intended as a utopian company town for the employees of The Boring Company and SpaceX. It is based on the initiative of businessman Elon Musk, who has acquired large
Musk-tied entities own over 400 acres of land in the area. ... What are Elon Musk's companies up to in Bastrop? ... Co. has also continued to build out in the area, including the Boring Bodega, a ...
Elon Musk speaking at the inauguration of the test tunnel in Hawthorne, California, December 2018. In early 2018, the Boring Company was spun out from SpaceX and into a separate corporate entity. [13] Somewhat less than 10% of equity was given to early employees, and over 90% to Elon Musk. Early employees came from a variety of different ...
Elon Musk is a South African-born businessman and the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [417] and $397 billion according to Forbes, [418] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
But if Musk has a blueprint to turn Bastrop into a 21st-century company town, he has not revealed it. A Wall Street Journal feature from 2023 had suggested Musk wanted to build his own town in a ...