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From top corner clockwise, Elon Musk, Michael Dell, Robert F. Smith and Whitney Wolf Herd.

Austin has had its fair share of billionaires for years now, but this year's Forbes rankings added two very-talked-about tech moguls: Elon Musk and Whitney Wolfe Herd.

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Texas transplant Elon Musk's SpaceX will build a manufacturing facility in Austin

Like a true Austinite, billionaire Texas transplant Elon Musk has called for the "urgent" need for more housing in Austin.

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Austin's Tesla Gigafactory site on March 30. (Jeff Roberts/YouTube)

Everything's bigger in Texas, and that is doubly so at Tesla's forthcoming Austin Gigafactory.

CEO Elon Musk announced the $1.1 billion manufacturing plant, which is under construction in southeast Travis County and due to open late this year, will hire more than 10,000 people through 2022 in a tweet Wednesday afternoon.

Tesla promised to create at least 5,000 jobs, hire Travis County residents for at least half of them and pay a minimum hourly wage of $15 in exchange for tens of millions of dollars in property tax breaks.

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