SpaceX’s record‑breaking $75 billion IPO has turned the company’s 1,600‑strong workforce in Bastrop, Texas, into a sudden windfall. The town of 14,000 residents, long defined by a historic downtown and a pet‑food plant, now watches the influx of cash and new residents. Local gallery owner Jamie Howard says investors are already planning celebratory purchases for homes and local restaurants soon.

The complex, dubbed “Elon Land,” spans roughly 600 acres and houses SpaceX’s 1.1‑million‑square‑foot rocket factory, the Boring Company’s tunnel hub and a Starlink plant. Real‑estate broker Judah Ross notes home values have jumped “almost overnight,” with several properties breaching the $1 million mark and $600 k homes becoming commonplace for young engineers relocating from Austin and fueling a vibrant services sector.

The IPO’s liquidity has already sparked a local celebration at the Boring Bodega, where employees popped champagne and discussed borrowing against locked‑up shares. City officials, including councilman John Kirkland, acknowledge the “Musk effect” but warn about traffic snarls and rising rents. The bottom line: Bastrop’s economy is now tightly linked to SpaceX’s market performance and will mirror investor sentiment for years.