Texas’ Austin city sold to Technoking Elon Musk: Report

Texas Governor Greg Abbott passed a bill on Thursday, authorising the purchase of Austin city except the Capitol building and University of Texas campus to the founder and CEO of Tesla and SpaceX, Elon Musk, reported local media. 

There is no information on how much money it took for the Tesla chief to buy the city, but reports suggest that it will be a small fraction of his $164 billion net worth. Earlier this year, Musk became the richest person of the world for a brief time, surpassing Amazon chief Jeff Bezos, who now stands at $185 billion. 

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There will be no change in seats of government and it will still be accessed along with the flagship universities that will be operated through Enfield Road, across Red Blue Isle to the city of West Lake Hills. The city of West Lake Hills, after annexing the properties, will become the new capital city of the state. 

A lot of media houses and newspapers have constantly asked the government to declare the terms of the agreement between them and Technoking Elon Musk. In an encounter with One America News Network, Texas Attorney-General Ken Paxton refuted the purchase of Austin city, saying that it was fake news, even though the signing ceremony was held live.

In the ceremony, Gov Abbott said that, “This bold action secures a bright future for our state while ridding us of our most annoying constituents.” He added “Texas has always looked up to partnerships with private companies as it benefits all sections of the society to a great extent.” 

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The Tesla executive appeared in the ceremony via hologram and made comments such as, “if there is a scandal about me, call it elongate.” He made a hologram appearance in an iron suit, as he dubbed himself as the iron mayor of the city. 

Texas has seen mixed reviews regarding the selling of the capital city to the billionaire entrepreneur. A few politicians, including Senator Sarah Eckhardt and five Austin members in the Texas house have opposed the idea of handing over the city. While, other leaders, including Mayor Pro Tem Natasha Harper-Madison were of the positive view.