Snailbrook is Elon Musk’s planned city and worker housing development. The city is intended as a place of residence for employees of Elon Musk’s companies SpaceX, Tesla and his construction company „The Boring Company“.
What is Snailbrook? Explanation, meaning, definition
The city, or more precisely „the settlement“, was founded in 2021 and is about 1,400 acres in size.
Snailbrook is located in Texas, on the Colorado River, about 60 kilometers east of Austin. Snailbrook is located on Bastrop County. Bastrop Country is where Elon Musk’s companies are located. SpaceX, Tesla and „The Boring Company“ are located here.
Snailbrook is named after the mascot of „The Boring Company.“ „The Boring Company“ has as its mascot a snail named „Gary.“ The snail was named after the snail from Spongebob Squarepants, which is also called „Gary“.
By the way, Kanye West is said to have advised Elon Musk on the „Snailbrook“ worker settlement.
Snailbrook as a workers‘ settlement
Only employees of Elon Musk’s companies are to live in Snailbrook.
The employees can apply for the apartments. The apartments will be attractive because their rents are supposed to be below the market level.
But there is a catch: if you resign from one of Elon Musk’s companies or are laid off, you have to leave the Snailbrook apartment within 30 days.
Snailbrook: Elon Musk, housing estate, building
In Snailbrook, 110 houses are to be built.
In the settlement there is already a pool, a sports field and a gym
Also planned are: A Montessori school, a public swimming pool and a general store.
A mansion for Elon Musk is also to be built.
Snailbrook: Why Texas? Reasons
Elon Musk changed Tesla’s headquarters in 2020. The company moved from California to Texas. The reasons were taxes and costs. Because in Texas, there are fewer land use laws, there are fewer environmental laws, and there are fewer/lower labor protections. Also, Texas does not charge corporate income tax and individuals do not have to pay income or capital gains tax.
Who is Elon Musk?
Elon Musk is a South African-US entrepreneur known for his achievements in technology and space. He was born on June 28, 1971 in Pretoria, South Africa.
Musk founded X.com, which later became PayPal, in 2000. PayPal was sold to eBay in 2002 for $1.5 billion.
In 2002, Musk founded SpaceX, a spaceflight and space technology company. The company has successfully conducted several unmanned space flights and is the first private spaceflight company to successfully return astronauts to Earth. In 2003, Musk founded Tesla.
In 2018, Musk founded The Boring Company, which specializes in the development of tunnel boring machines and aims to create underground transportation systems.