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Elon Musk's AI Company Buys 114-Acre Southaven Power Plant Site for $10 - SuperTalk Mississippi

Elon Musk’s xAI is putting roots down in Mississippi, recently purchasing a former power plant site in Southaven for pennies on the dollar.  According to DeSoto County land records, MZX Tech LLC, which operates under the umbrella of xAI, purchased the 114-acre parcel on Stanton Road from “Julie M. James” for $10 “cash in hand.” It’s unclear if any assumption of debt was part of the deal.  The site formerly housed a Duke Energy power station and …
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ResearchBuzz: Firehose | Individual posts from ResearchBuzz broke the news in on Monday, July 21, 2025.
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