Elon Musk‘s Texas real estate empire is far more extensive than previously believed.
The Tesla and SpaceX CEO — who also happens to be the richest man on earth — confirmed his move from California to Texas back in 2020.
However, it was not clear until now the staggering extent to which Musk has truly gone all in on Texas.
Musk’s companies own over 500 properties covering 6,000 acres across the Lone Star State. His expansive network of factories, tunnels, and launch pads spread from the top to the bottom.
‘He’s going all in on Texas,’ Goran Calic, a strategy professor at McMaster University in Canada who spent years studying Musk’s management style, told the Houston Chronicle.
‘And the reason he’s doing it is because of control. Elon Musk has more control in Texas than he does anywhere else.’
The star of his Lone Star State takeover is Giga Texas, Tesla’s 2,500-acre factory complex, located in Austin.
Since Musk opened Austin’s ‘gigafactory’ in 2022, the complex has ballooned to over 10 million square feet of production space — and could double if plans for a wave of buildings move forward.
Elon Musk’s Texas real estate empire is far more extensive than previously believed
The star of his Lone Star State takeover is Giga Texas (pictured), Tesla’s 2,500-acre factory complex, located in Austin
Giga Texas cranks out Teslas — including Model Ys and the Cybertruck — which are shuttled through a Boring Company (another of Musk’s firms) tunnel beneath Texas.
Musk’s Boring Company — an infrastructure and tunnel construction services company found in 2016 — is headquartered in Bastrop, about 20 miles east of Austin.
The startup has carved out more than 350 acres for testing giant boring machines, and houses staff in a makeshift village called Snailbrook.
Back in 2023, residents living nearby the development said the building work was affecting livestock and accused crews of dumping untreated wastewater into the Colorado River.
Across the road is a 700,000-square-foot SpaceX facility — a Starlink factory — that turns out 70,000 satellite kits a week, with plans to double in size.
Texas Gov. Greg Abbott moved the deal along earlier this year with a $17.3 million grant for a $280 million SpaceX expansion.
Musk has also commandeered more land further south near Brownsville.
The CEO converted scrubland in the area to make way for Starbase, a de facto company town of 500 residents and thousands of workers.
Giga Texas cranks out Teslas — including popular car the Model Y and the Cybertruck
Musk’s Boring Company, an infrastructure and tunnel construction services company found in 2016, is headquartered in Bastrop
Musk is pushing to further expand the Starship launchpad and add housing, retail and a grocery store to Starbase
Starbase is an industrial complex and rocket launch facility that serves as the main testing and production location for Starship launch vehicles
Starbase is home to Starship — the tallest rocket ever built — and over one million square feet of land dedicated to manufacturing.
Musk is pushing to further expand the Starship launchpad and add housing, retail and a grocery store.
Even further south, near Corpus Christi in Nueces County, Musk has taken over even more of the state’s land.
Tesla is bringing a lithium refinery to Robstown, which is meant to supply battery-grade material for one million electric vehicles a year.
On top of all of these properties, Musk has leased facilities across the state.
Southwest of Waco in McGregor, SpaceX leased land to test rockets.
There are also plans in place for Tesla to lease a 1.03 million-square-foot building in Brookshire, west of Houston, for a battery manufacturing plant.
This article was originally published by a www.dailymail.co.uk . Read the Original article here. .