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Cinco de Mayo, Mother's Day, festivals: Things to do in Austin this weekend

(Pecan Street Festival)

🚣 ATX Paddle to Remember

Get out on Lady Bird Lake in your choice of a kayak, canoe or stand up paddle board while raising money for the Alzheimer’s Association. Tickets are $30 per person, which will cover your rental.

9 a.m.-7 p.m. Friday | Rowing Dock, 2418 Stratford Drive

💃  Bollywood in the park for Mother’s Day

Join Monsoon this Saturday for an early Mother’s Day full of dancing! The morning will kick off with a Bollywood dancing workshop for all, followed by a Spring recital from the students.

10 a.m.-2 p.m. Saturday | Round Rock Amphitheater, 301 W Bagdad Ave.

🎉  Fiesta Austin Cinco de Mayo

Fiesta Austin’s annual Cinco De Mayo celebration is back to celebrate the rich Hispanic history and tradition in Central Texas with food, live music, dancing and arts. Tickets start at $7 and kids under 12 are free.

10 a.m. Saturday | Fiesta Gardens, 2101 Jesse E. Segovia St.

💐  2022 Mother’s Day Market

Treat your mother to an early Mother’s Day of shopping at the artsy and whimsical East Austin Paper Craft + Pantry. The free event will have local food vendors, more than a dozen artisans and live art on display.

11 a.m.-5 p.m. Saturday | The Paper + Craft Pantry, 1023 Springdale Rd.

🛍  Pecan Street Festival

Pecan Street Festival is returning for two days of live music, hundreds of local and national artisans, more than 30 food vendors and family-friendly activities like a petting zoo. Admission is free.

Starting 11 a.m. Saturday and Sunday | 6th Street Between Brazos and IH-35, 200-720 E. Sixth St.

❤️  iHeart Country Festival

Returning for its ninth year, Bobby Bones will host iHeart Country Fest with performances from Thomas Rhett, Carrie Underwood, Zac Brown Band, Dustin Lynch and more. Tickets start at $100.

7:30 p.m. Saturday | Moody Center, 2001 Robert Dedman Dr.

⚽️ Austin FC vs. LA Galaxy

Coming off an away game win with in-state rival Houston Dynamo, Austin FC is taking on LA Galaxy on home turf this weekend. If you can’t make it to the stadium, the official watch party will be held at The Pitch.

Kickoff at 6 p.m. Sunday | Q2 Stadium, 10414 McKalla Place.


With deposition and trial looming, Elon Musk has offered $44B for Twitter, again

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.

Austin rents nearly double in a year and are now in the top 5 nationwide

While searching for a place to live, Austin renters will face monthly rates of nearly $3,000, a recent guide from rental marketplace Dwellsy shows.

The median rent in August this year was $2,930, a more than 86% increase since August 2021. That’s $820 more than the nationwide median asking rent in August and puts Austin just below the Bay Area, Boston and New York for large cities with the most expensive asking rent.

“Within this group, Austin, TX stands out for the highest increases in asking rent, which has nearly doubled since this time last year,” the study notes.

Outside of those large cities, however, others are seeing even higher rent spikes. Metro areas that ranked above Austin in one-year increases include those like Kansas City, MO with a 112% change in rent since last August and Tucson, AZ with a 124% change.

The data reflects large apartment communities, single-family homes and 2-6 unit buildings.