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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
This could be the reason he chose the small town less than 40 miles from the Texas capital as the next home for X. The presence that Musk already has with his businesses in Bastrop could be an ...
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
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, [418] and $397 billion according to Forbes, [419] primarily from his ownership stakes in Tesla, Inc., and SpaceX. [420]
Musk was an early investor in his brother's venture X.com, an online financial services and email payments company. X.com merged with PayPal, which in October 2002 was acquired by eBay for $1.5 billion in stock. [23] While Elon stayed in California, Kimbal moved to New York [22] and enrolled into the French Culinary Institute in New York
Inside the plaza’s hangar-like structure, housing high-end general store the Boring Bodega, a pub, and even a barber, vintage Musk memorabilia (like the $500 flamethrower the Boring Company once ...
According to Musk, the company's goal is to enhance tunneling speed enough such that establishing a tunnel network is financially feasible. [11] [12] 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]