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‘Not true’: Elon Musk on constructing personal airport exterior of Austin – Instances of India

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SAN FRANCISCO: After a number of media shops reported that Elon Musk could quickly get to construct his personal airport exterior of Austin, Texas, the tech billionaire denied the rumours and stated it “can be foolish”. On the microblogging website, the Tesla and SpaceX CEO slammed the plans to develop a brand new personal airport, mentioning that the information is unfaithful. “Not true. Tesla is 5 minutes from Austin Worldwide airport. It might be foolish to construct one other personal airport, nonetheless, the prevailing industrial airport wants one other runway, as Austin is rising quick!” Musk wrote. As per the reviews, the Austin Government Airport has over 130,000 sq. toes of neighborhood hangar area and a 6,025-foot runway. In the meantime, a current report stated the airport might be someplace east of Austin close to Bastrop. It talked about {that a} personal airport can be useful for Musk and his corporations, particularly since three of them have a presence in Austin. Tesla relocated its international headquarters in Austin and so did The Boring Firm. The electrical automotive maker, just lately, reported $16.9 billion in income for the second quarter, down from $18.8 billion within the first quarter this yr. It reported $2.3 billion in second-quarter revenue, beneath its report quarterly revenue of $3.3 billion within the first quarter this yr.

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