Musk Plans To Build “Utopian” Company Town In Texas

March 10, 2023 Business, News

Fortune reports:

Elon Musk has reportedly bought thousands of acres of land about 35 miles outside of Austin and plans to build his own town there for employees to live and work. The Wall Street Journal reports Musk has described the city as a “sort of Texas utopia along the Colorado River.”

By creating the town, Musk would be able to set some of the city’s regulations. Last year, at an all-hands meeting of Boring employees, president Steve Davis reportedly talked about holding an election for mayor of the city.

The proposed municipality is said to be adjacent to the Boring and SpaceX facilities that are currently under construction, and to already include some modular homes and signs hang from poles reading “welcome, snailbrook, tx, est. 2021”

Mint reports:

Mr. Musk, his former girlfriend, who is the singer Grimes, Kanye West and Mr. West’s architectural designer discussed several times last year what a Musk town might look like, according to people familiar with the discussions.

Under Texas law, a town needs at least 201 residents before it can apply to incorporate, then approval from a county judge. Bastrop County hasn’t received an application from Mr. Musk or any of his entities, a spokeswoman said.

Company towns, as this Wikipedia article explains at great length, often didn’t turn out so great for residents.

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