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Welcome back, Richest fans! Recently, SpaceX founder Elon Musk announced plans to create their own town in Texas called Starbase. Right next door to their rocket launch site. However, some of the current residents in Boca Chica Village aren’t too pleased with this. Over the years, SpaceX has been offering to buy the houses for three times their market value. Yet some of the locals might’ve been getting short-changed. Today, we’re going to look at all the facts and features of SpaceX’s attempts to create their own company town and the facilities that are there already.
Now for the spoiler paragraph. If you like surprises, we suggest you stop reading and watch the video multiple times. Firstly, we’ll see the brief history of Boca Chica Village and its connection to former US President John F. Kennedy. We’ll then examine the launch site and see how much it cost to create it. We’ll then see how much the houses are exactly being sold for in the village. We’ll explore the current facilities nearby including SpaceX’s STARGATE. We’ll see how much this joint venture with the University of Texas Rio Grande Valley cost and what it is exactly. Next, we’ll see the issues the residents have of selling up. With some evidence that their houses are worth far more that what they’ve been offered by SpaceX’s David Finlay. In order to smooth the situation over with locals, Musk has donated millions into nearby causes. Finally, we’ll briefly see one of the most famous company towns operated by Hershey Chocolate.
Written by: Jordy McKen
Narrated by: Adam Newmark
Edited by: Adam A.
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00:34 Starbase, Texas
01:43 SpaceX Launch Site
02:44 Selling Up
05:25 Problems With Starbase
06:43 Musk’s Texan Donations”