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TRAVIS COUNTY, Texas (Austin Business Journal) – Elon Musk’s land holdings in east Travis County appear to be growing.
Public documents show that a group called Horse Ranch LLC bought up to 620 acres across the Colorado River earlier this year, just across the Colorado River from the soaring $ 1.1. Billion Tesla Inc. Gigafactory.
Elon Musk announces the move of Tesla headquarters to Austin
At the time of publication, it was unclear what the additional land would be used for, although the land purchases give an idea of how large Musk’s plans for the area are – he’s already amassed more than 2,500 acres across the river – than the Der richest person in the world continues to grow in central Texas.
Musk recently announced that Tesla (Nasdaq: TSLA) will be relocating its headquarters from Palo Alto, California, to Austin, along with its other companies – tunneling startup The Boring Company, brain implant startup Neuralink Corp. and the space research company SpaceX – are increasingly operating over the region.
Please see the Austin Business Journal for more information.
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