Wall Street Journal: Elon Musk is planning to build his own town | CNN Business

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Wall Street Journal: Elon Musk is planning to build his own town | CNN Business
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What do you get for the billionaire who has everything? Perhaps his own town.

Entities connected to Elon Musk and his companies have reportedly been acquiring thousands of acres of land in Texas with the hope of starting a town where his employees could live and work, according to a report from the Wall Street Journal Thursday.

Musk in 2020 announced he would move Tesla’s headquarters and his personal residence from California to Texas, blaming frustrations with California’s coronavirus-related restrictions. Last year, Tesla opened a new Gigafactory manufacturing facility in Austin. Musk’s SpaceX and Boring Co. also have facilities in Texas, and Boring Co. has reportedly been in talks with Austin about the possibility of building tunnels in the city, according to a February report from the Austin American Statesman.

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