Elon Musk Plans to Build His Own Texas Town (2024)

Elon Musk has been known to run his numerous businesses unconventionally—just take his chaotic, no holds barredtakeover of Twitter as an example. Now, theWall Street Journal reports that thetech titan plans to take it to the next level by building an entire town of his own. Entities tied to Musk and his companies have amassed at least 3,500 acres of land outside of Austin, Texas, per the report—though some sources told the publication that the property totals closer to 6,000 acres.

The planned town is called Snailbrook, in reference to the mascot of Musk’s tunneling company, Boring Co. Located in Bastrop County near Boring and SpaceX facilities, the site would be designed as a live-work community for employees of Musk’s companies. Incorporating his own town would allow Musk to make some of his own regulations and dodge the slowdown effects of bureaucracy. “I think it’s the ability to work with folks on a direct level, and not having tons of red tape,” Bastrop director of tourism and economic development Adena Lewis said of Musk’s decision to set the town in the small county, per theWall Street Journal.

Another benefit of the project would be providing employees with lower-than-market-rate housing. Snailbrook, although not yet an incorporated township, reportedly already has some modular homes, plus a public pool, gym, and outdoor sports area. An advertisem*nt for Boring Co. employees last year touted two- to three-bedroom homes for rent starting at $800 a month, while the median rent in the area is about $2,200 a month, according to the Journal’s report.

Musk moved much of his business operations from California to Texas a couple of years ago due to the lighter regulations in the state. Texas has looser laws regarding labor, the environment, and zoning, in addition to no corporate income tax.

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Elon Musk Plans to Build His Own Texas Town? ›

Twitter owner Elon Musk is planning to build his own 'utopia' town for his workers to live in. The billionaire wants to set up a community for his workers close to SpaceX and The Boring Company just outside of Austin, Texas. 'Snailbrook' will reportedly be built on 3,500 acres of land and cost residents $800 per month.

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Is Elon Musk going to build a town in Texas? ›

Where is Elon Musk new home in Texas? ›

Well, according to Insider, Musk primarily uses it as a guest house. He decided to invest in a property in Boca Chica Village located in South Texas in close proximity to SpaceX's launch site. The property is 375 square feet and was created by Boxabl, a Las Vegas startup company.

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Where is SpaceX being built in Texas? ›

Starbase is an industrial complex for Starship rockets, located at Boca Chica, Texas, United States. It has been under construction since the late 2010s by SpaceX, an American aerospace manufacturer.

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What is Elon Musk's IQ? ›

IQ tests provide insight into an individual's cognitive ability. As mentioned earlier, Elon Musk's IQ score is believed to be between 155 and 160.

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Where in Texas is Elon Musk moving to? ›

Tesla's headquarters have been located in Austin since 2021 and SpaceX has testing, manufacturing and production facilities across the state. The politics of the Lone Star State could also be appealing for Musk.

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Did Elon Musk buy a ranch in Texas? ›

Elon Musk has bought between 3,500 and 6,000 acres in Texas, according to 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.

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