SpaceXAI continues Southaven buying spree, but some homeowners feel ‘lowballed’ by offers
MZX Tech LLC, a subsidiary of Elon Musk’s company SpaceXAI, has continued buying up land and homes in Southaven. (Mark Schiefelbein/AP file)
As SpaceXAI’s subsidiary MZX Tech LLC continues its real estate buying spree in Southaven, some residents are resisting what they call lowball offers.
MZX Tech has acquired more than 150 acres in the area in the past month, leased a warehouse a couple miles south of its data centers and power plant and bought seven homes in the Colonial Hills and Brookhaven subdivisions.
Construction has brought a persistent noise, dust and heavy traffic on State Line Road.
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SpaceXAI Elon Musk MZX Tech LLC Burch Realty Southaven Subscriber OnlyThank you for reading The Daily Memphian. Your support is critical.
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Noah McLane
Noah McLane reports on business for The Daily Memphian. He was born and raised in Tennessee and attended journalism school at Middle Tennessee State University, where his passion for community-focused storytelling blossomed.
Prior to writing for the business section, Noah was the editor-in-chief of his college newspaper, worked on general assignment for the Jackson Hole News & Guide in Jackson, Wyoming, and was most recently the statehouse reporter for The Daily Memphian.
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