Elon Musk could be looking to build out his own town in Bastrop County, according to a report from the Wall Street Journal.

The billionaire, who moved to Texas in 2020 and has relocated or expanded a number of his companies into Central Texas, has a vision to build out a "Texas utopia" along the Colorado River in Bastrop County where employees could live and work, the report said. It said the billionaire's town has been discussed extensively by executives at the Boring Co., Musk's tunneling and infrastructure company.

The town would be built on land near two of Musk's companies in Bastrop County.

Why Elon Musk already lives in Texas

The Boring Co., founded in California, moved its headquarters to Pflugerville in recent years. The company has been building an 80,000-square-foot manufacturing and warehouse facility on a Bastrop County property, where it plans to test tunneling equipment and dig "as many tunnels as needed for research and development purposes," according to state filings. Currently the Boring Co. site is in unincorporated Bastrop County.

SpaceX, Musk's aerospace company, has been building a $43 million facility with more than 500,000 square feet on a neighboring parcel.

Musk said he moved to the state to be closer to his two biggest focuses, Giga Texas, the Tesla manufacturing site in southeastern Travis County; and SpaceX’s South Texas site.

In addition to the Tesla, Boring and SpaceX facilities, Musk's neurotechnology company, Neuralink, is constructing an eight-building lab and office space in Del Valle.

Musk has also moved his private foundation to Austin.