Musk's local land holdings are almost 3 times the size of downtown Austin
Elon Musk’s assemblage of land in eastern Travis County appears to be growing.
Public documents show that an LLC tied to one of Musk’s top associates has purchased hundreds of acres just across the Colorado River from the rising $1.1. billion Tesla Inc. gigafactory.
It was unclear by publication time what the additional acreage will be used for, though the land purchases provide some idea of just how large Musk’s plans are for the area — he's already amassed more than 2,500 acres on the other side of the river — as the world's richest person continues to grow roots in Central Texas. He recently announced that Tesla (Nasdaq: TSLA) would relocate its headquarters to Austin from Palo Alto, California, and his other companies — tunneling startup The Boring Company, brain implant startup Neuralink Corp. and space exploration company SpaceX — are increasingly running operations through the region.
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