Musk’s new plan: Private airport in Texas

Musk's new plan: Private airport in Texas

Reports claim that Tesla chief Elon Musk is planning to build a private airport in Texas, east of Austin, near Bastrop.

Musk’s companies, including SpaceX, Tesla and The Boring Company, are already based in Texas. Tesla’s Giga factory headquarters is based in Texas. Last year, the company moved its headquarters from Palo Alto, California to Austin, Texas.

Also read: Musk linked to wife of Google co-founder Sergey Brin: Who is Nicole Shanahan?

However, Musk’s plan to build a private airport has not been officially confirmed. The move would require FAA approval and environmental clearance before the airport plan could be implemented.

The Boring Company also moved its headquarters to Texas in line with Musk’s other companies near Austin Executive Airport, according to the report.

Watch: Musk vs. Twitter row

Reports claim that Musk has ordered a new private jet for himself. The SpaceX boss already owns a Gulfstream G650. Musk has been embroiled in a dispute with Twitter after announcing a brutal takeover.

Musk filed a countersuit against the social media giant after Twitter claimed the billionaire was contractually bound to complete the deal. Musk had pulled out after promising to buy Twitter in a $44 billion takeover deal.

The trial is due to begin in October and last five days. Musk had quoted $54.20 a share to buy Twitter, however, he pulled out this month accusing the social media company of misleading him into fake accounts and spam.

Last week, Twitter reported a drop in revenue due to “advertising headwinds” while blaming Musk for “uncertainty related to Twitter’s impending acquisition.” The company said Musk’s “purported termination is not valid” and that the “merger agreement remains in effect.”

(With agency contributions)



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