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Austin FC's Q2 Stadium to swap soccer for 'party-like' rugby championship this July

Austin will welcome the Premier Rugby Sevens Championship as its first non-soccer event this July. (Premier Rugby Sevens/Twitter)

Austin's Q2 Stadium will soon host its first non-soccer sporting event as it gears up to welcome the Premier Rugby Sevens 2022 Championship Weekend on Saturday, July 30.


The championship tournament will feature the best of the PR7s league, an equal-pay professional rugby league which holds four men's and four women's teams under the same umbrella.

Q2 Stadium, which normally hosts sold-out crowds for new MLS soccer club Austin FC, will add to its growing hosting repertoire with a championship weekend complete with bands, DJs, games, and special appearances in a festival atmosphere as Olympians and other top-notch athletes compete for the grand prize.

The league touts four men's and women's teams—including the Experts, Headliners, Loggerheads, and Loonies—and featured 15 Olympians in front of a cumulative audience of 472,000 viewers in its October 2021 debut.

Now, it's expanding to a multi-city format, with two tournaments consisting of brisk 14-minute matches set to be held at other MLS stadiums before the big day in Austin. The best men's and women's teams will then be crowned in the growing sports city of Austin.

Aside from Austin FC, Q2 Stadium has held both the U.S. men's and women's national soccer teams as well multiple Liga MX clubs, while Austin itself recently welcomed NASCAR, the PGA Tour/World Championship Dell Match Play golf tournament and Major League Pickleball, the city's first homegrown professional league.

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

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
Dwellsy

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.