The news source did not reveal the timetable and exact location but said conceptual plans have been confirmed by sources who say the airport would be east of Austin, near Bastrop.
The plan would make sense as Musk has based several of his companies, including SpaceX and the Boring Company, in Texas. He even moved his Tesla HQ from Silicon Valley to Texas in December.
All in all, he owns thousands of acres of land in central Texas, including 2,100 acres for Giga Texas. This means that besides being available for private jet travel for himself and his executives, the potential new airfield could service Musk’s companies.
No one yet has an estimate of how much space Musk would use for a private airport. However, nearby Austin Executive Airport has a 6,025-foot runway and over 130,000 sq. ft. of community hangar space.