Elon Musk may be looking back to Texas and is expanding another company, The Boring Co., into the state, according to local reports.
Musk’s tunnel construction company, also known as TBC, has filed for renovations to an industrial space in Pflugerville, the Austin Business Journal reported Tuesday.
The facility is 20 miles north of Austin and even closer to where Musk’s electric carmaker Tesla is building a new $ 1.1 billion factory.
ELON MUSK’S BORING COMPANY HINTS ON NEW TUNNEL PROJECT
According to the report, the site could put TB within easy reach of an anticipated new underground tunnel project in downtown Austin.
The Boring Co. did not immediately respond to a Fox News request for comment, but it began posting job vacancies in Austin on its website at least a month ago, hinting that it might develop a new tunnel project in the city in early November.
“It is rumored that ‘Austin Chalk’ is geologically one of the best soils for tunneling,” the company’s official account tweeted on Nov. 9. “Want to find out? Austin jobs available now.”
The news follows the recent move of Tesla and Musk’s private foundation to Texas. He also moved his personal home there.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
His space company SpaceX is developing its Starship rocket in South Texas, which he recently dubbed “the gateway to Mars,” and has facilities in both McGregor and Brownsville.
Musk said last week that California has lost all of its other major auto and space manufacturers, and that Tesla and SpaceX are the only two left. The comments come amid rumors that he could pull out of the state completely following an argument with officials over Tesla’s Fremont, California, facilities and coronavirus restrictions.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS
TBC’s first project, a nearly $ 50 million tunnel in Las Vegas that will transport travelers through the city center in self-driving Teslas, is expected to open next month.