Musk donates more big money to revitalizing downtown Brownsville
It appears that a charitable foundation established by Elon Musk has recently decided to up its donations to the Brownsville Community Improvements Corporation by an extra $1 million, the money aimed at helping to revitalized the downtown of Brownsville, the nearest large city to SpaceX’s Boca Chica spaceport.
The donation was revealed during remarks by Josh Mejia, executive director of the Brownsville Community Improvements Corporation, during a Brownsville developers luncheon .
In his remarks, Mejia, pictured above, gave an update on the e-Bridge Center and other quality of life improvements coming to Brownsville. But, he received the biggest applause when he mentioned inward investment by Elon Musk. “I was texting back and forth with my board members and about 45 minutes ago I receive an email from the Musk Foundation. It is like perfect timing. It is like they know we are here. Well, they just mentioned they donated another million (dollars) towards this program. So, now we have $2 million,” Mejia said. The audience cheered.
This donation is all part of the modern game that requires big business enterprises to make payoffs to local and national politicians and “community activists.” Both Elon Musk and Jeff Bezos know this, and are playing the game to hilt. Both know that the politicians and “community activists” have been telling them, “Nice business you got here, shame if something happened to it.” Bezos responded by donating big to DC’s Air & Space museum, while spreading the wealth to many space advocacy groups.
Musk is instead focusing his payoffs to the local community, where it might do the most good for both him and the locals that his business affects. This donation is not the first he has made to Boca Chica, Brownsville, and south Texas. His foundation has also donated $20 million to the county schools, and another $8 million for other downtown Brownsville projects. The results, obviously helped by the business SpaceX is also bringing to the town, have been noticeable.
In the months since Musk pledged his $10 million, at least 10 downtown properties have gone under contract with interested buyers, said real estate broker Bob Torres Jr. Buildings that used to lease for 25 cents a square foot are now leasing for $1 to $1.50 per square foot.
Home prices have increased nationwide due to the pandemic and low inventory. In Brownsville, this trend has been exacerbated by SpaceX. “People are buying houses sight unseen from Washington state, Portland, Oregon,” Torres said. “They’re going above the asking price, which hardly ever happens.” Real estate broker Bruno Zavaleta III had a client drive from Atlanta and buy three houses.
According to the Brownsville/South Padre Island Board of Realtors, the median price for a home in Brownsville was $212,900 in June, up 47 percent from June 2020. To help with inventory, Esperanza Homes is building 675 houses in northern Brownsville. It will develop this master-planned community over the next six to eight years with a nonprofit community housing development organization called “come dream. come build.”
This pumping of donations by Musk to the local community however will not sell well with the mafia in Washington. The money isn’t going to them, and bullies don’t like that, even if the money is really doing good. Bezos understands this. It doesn’t really matter if the money he donates accomplishes anything real. What matters is that he has paid off the thugs who could make big trouble for him in the future.
Right now it is unclear who’s strategy will work best for protecting each company’s interests. Much will hinge on what each company actually accomplishes in the next few years. SpaceX is clearly ahead in this area, but Blue Origin can certainly catch up.
Hat tip Robert Pratt of Pratt on Texas.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
It appears that a charitable foundation established by Elon Musk has recently decided to up its donations to the Brownsville Community Improvements Corporation by an extra $1 million, the money aimed at helping to revitalized the downtown of Brownsville, the nearest large city to SpaceX’s Boca Chica spaceport.
The donation was revealed during remarks by Josh Mejia, executive director of the Brownsville Community Improvements Corporation, during a Brownsville developers luncheon .
In his remarks, Mejia, pictured above, gave an update on the e-Bridge Center and other quality of life improvements coming to Brownsville. But, he received the biggest applause when he mentioned inward investment by Elon Musk. “I was texting back and forth with my board members and about 45 minutes ago I receive an email from the Musk Foundation. It is like perfect timing. It is like they know we are here. Well, they just mentioned they donated another million (dollars) towards this program. So, now we have $2 million,” Mejia said. The audience cheered.
This donation is all part of the modern game that requires big business enterprises to make payoffs to local and national politicians and “community activists.” Both Elon Musk and Jeff Bezos know this, and are playing the game to hilt. Both know that the politicians and “community activists” have been telling them, “Nice business you got here, shame if something happened to it.” Bezos responded by donating big to DC’s Air & Space museum, while spreading the wealth to many space advocacy groups.
Musk is instead focusing his payoffs to the local community, where it might do the most good for both him and the locals that his business affects. This donation is not the first he has made to Boca Chica, Brownsville, and south Texas. His foundation has also donated $20 million to the county schools, and another $8 million for other downtown Brownsville projects. The results, obviously helped by the business SpaceX is also bringing to the town, have been noticeable.
In the months since Musk pledged his $10 million, at least 10 downtown properties have gone under contract with interested buyers, said real estate broker Bob Torres Jr. Buildings that used to lease for 25 cents a square foot are now leasing for $1 to $1.50 per square foot.
Home prices have increased nationwide due to the pandemic and low inventory. In Brownsville, this trend has been exacerbated by SpaceX. “People are buying houses sight unseen from Washington state, Portland, Oregon,” Torres said. “They’re going above the asking price, which hardly ever happens.” Real estate broker Bruno Zavaleta III had a client drive from Atlanta and buy three houses.
According to the Brownsville/South Padre Island Board of Realtors, the median price for a home in Brownsville was $212,900 in June, up 47 percent from June 2020. To help with inventory, Esperanza Homes is building 675 houses in northern Brownsville. It will develop this master-planned community over the next six to eight years with a nonprofit community housing development organization called “come dream. come build.”
This pumping of donations by Musk to the local community however will not sell well with the mafia in Washington. The money isn’t going to them, and bullies don’t like that, even if the money is really doing good. Bezos understands this. It doesn’t really matter if the money he donates accomplishes anything real. What matters is that he has paid off the thugs who could make big trouble for him in the future.
Right now it is unclear who’s strategy will work best for protecting each company’s interests. Much will hinge on what each company actually accomplishes in the next few years. SpaceX is clearly ahead in this area, but Blue Origin can certainly catch up.
Hat tip Robert Pratt of Pratt on Texas.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
“Right now it is unclear who’s strategy will work best for protecting each company’s interests.”
My money is on Bezos. Who cares what Musk does in some remote corner of Texas? Bezos is sending his bucks to the Belly of the Beast – The Swamp. Guess where the political power to enhance one and impede the other resides
Investment in city and schools is great for employee recruiting. The pay off in that area is immediate and the benefit compounds. Smart money is on SpaceX.
Fame can be as good as money in politics. Fame commands attention. In a short attention span world, that is priceless. Bezos has no core fan base like Musks. . If Musk looses a competition or gets in a fight with a federal agency, his fans will let their displeasure show. He influences his fan base through social media.
Also, Musk also invested in a series of key relationships going all the way back to the Falcon 1 days. My guess is that politics is much like developing a rocket….a little bit of money + time invested in the right place at the right time is more effective that gobs of it thrown about carelessly.
This is good theatre; but, really, has been going on since time began. Musk strikes me as an Admiral Farragut type of individual, as he is driven by a vision. Bezos is more the business side; placating, coercing, and generally massaging things his way. NOthing wrong with the either approach: it’s how humans operate.
This is good theatre; but, really, has been going on since time began. Musk strikes me as an Admiral Farragut type of individual, as he is driven by a vision. Bezos is more the business side; placating, coercing, and generally massaging things his way. Nothing wrong with the either approach: it’s how people operate.
If Musk has shown anything, it is total irreverence for rules. I doubt rules will stop him from achieving his goals.