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New champagne and caviar lounge comes to the Fairmont and other Austin food and drink updates

(Fairmont Austin/Instagram)

Austin is filled with new restaurants and bars opening or expansions of well-loved local chains. Whether you're looking for a new place to grab a drink or are curious about which diner holds the crown as the best in Texas, this is the latest on the capital city's dining and drinking scene.

Room 725 Champagne & Caviar

Friday kicked off this semi-private lounge at Fairmont Austin. Promising a selection of Osetra caviar, exquisite champagne, live music and pre-embargo cigars, this space is primed for a luxurious evening. Reservations are required and it's open Fridays and Saturdays from 6-11 p.m.

Kelly's Irish Pub

The Dawson neighborhood in South Austin is welcoming a new Irish pub. Located at 519 West Oltorf Street, it'll be at the former site of tapas bar Winebelly. Eater Austin reports that Kelly's is set to open in three phases starting in November and ending around St. Patrick's Day.

Jo's Coffee

Jo's is starting renovations on a building at 5532 Menchaca Road next month, according to a filing with the Texas Department of Licensing and Regulation. The work is set to finalize at the end of the year, indicating that 2023 could bring yet another spot to grab breakfast tacos and turbos.

Electric Shuffle

Flaunting boozy brunches, craft cocktails and high-tech shuffleboard, Electric Shuffle is set to open in October. The London-founded bar already has a Texas site in Dallas' Deep Ellum, and CEO Gene Ball expressed excitement for the new Austin location. “The city is a hub for innovation and hospitality with a deep love of good vibes and great music while being home to some of the coolest and weirdest concepts in the world," Ball said. "We cannot wait for Electric Shuffle to be a part of this community and culture while adding our own little piece of uniqueness to the city”

Phoebe's Diner

The best diner in the state is a 1950s-inspired restaurant with locations on Oltorf Street and W 11th Street, according to Lovefood.com. "Everything's beautifully prepared, from the fried chicken and grits to the tastiest biscuits in sausage gravy," the food website wrote in their list. If you're in North Austin, you'll soon be closer to a Phoebe's site with the restaurant expected to open a location on Burnet Rd.

Russian Bistro Nazdorovye Inc.

The company behind Eastern European restaurant the House, which closed earlier this summer, appears to have a new project in the works in North Loop. Russian Bistro Nazdorovye Inc is listed as the owner on a permit for an address at 5201 Airport Boulevard, where the now-closed Sala & Betty was located. The House closed in early June after operating on East Fifth since 2012.

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

(AUS airport/Instagram)

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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.