Out beyond the new Tesla Gigafactory, Elon Musk’s crews at SpaceX and The Boring Co. are trading land between the businesses, dealing with environmental concerns and ramping up to hire and build even more.
Musk and his companies have a reputation for being pretty tight-lipped — Tesla (Nasdaq: TSLA) even disbanded its media relations department in 2020 — which means some mystery remains around what exactly the companies are up to in Central Texas. But property records, other public documents and social media posts from the companies and Musk himself help shine a light.
Here are five things to know about the billionaire’s dealings on the east side of the metro — aside from Tesla’s electric vehicle plant and headquarters, which is the fastest-growing business the Austin area has ever seen.
Space Exploration Technologies Corp. has taken over more land in the billionaire’s growing hub along Farm to Market Road 1209 in Bastrop County as Musk’s other company – tunneling startup The Boring Co. – transferred 73 acres to the space and rocket pioneer in October, according to Bastrop County property records. Austin Business Journal