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Austin man reports mysterious high altitude balloon, part of a project abandoned by Google, floating over Austin and much of Texas and Oklahoma
Flickr user iLighter, Creative Commons License

A local "skywatcher" using a home-built PiAware "sky scanning" device mounted in his attic located a mysterious balloon Wednesday morning and alerted Austonia.

The object was flying at 56,000 feet, more than 10,000 above the airspace where private and commercial jets typically fly.

The skywatcher identified the object as a balloon from Project Loon, a former Google internet and telecom connectivity project that operated networks utilizing high altitude balloons. Google shut down the project early last year, and reports are that investment firm Softbank now owns it.

Project Loon was likely a casualty of more cost effective satellite-based networks, like Elon Musk's SpaceX Starlinkproject, which operates more than 3,000 satellites in low Earth orbit, supplying internet to a half-million subscribers.'

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Airport braces for high traffic this month with ACL and F1 drawing in travelers

(AUS airport/Instagram)

With major entertainment events slated for October, the Austin-Bergstrom International Airport is gearing up for a busy month.

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With deposition and trial looming, Elon Musk has offered $44B for Twitter, again
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Elon Musk has proposed once again to buy Twitter for $54.20 a share.

The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.

The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.

While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.

The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.

After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.

With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.

He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.

Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.

Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.