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Elon Musk has plans to build his own 'utopia town' for workers close to his SpaceX and Boring sites where he can regulate his own projects outside Austin, Daily Mail reports.

Top brass at Boring Co., Musk's tunneling operation, have discussed how to incorporate their own town called Snailbrook in Bastrop County, around 35 miles outside the Texas capital.

Not only could Musk provide cheap housing for his employees - $800 per month for a three-bedroom house - but it would allow the magnate to set regulations and help grease the wheels for his ambitious building projects.

His Austin area employees, which include staff at Boring, electric-car maker Tesla and his space exploration firm, SpaceX, would ideally all live in the brand new homes nestled in thousands of acres of farmland beside the Colorado River.

Musk, his ex-girlfriend Grimes, Kanye West and the rapper's architect held multiple discussions over the last year about the design of the town, sources told The Wall Street Journal.

The talks were broad-brushed and involved some mock-ups but have not yet resulted in finalized plans, one person familiar with the discussions told the paper.

Bastrop County has not yet received any application by Musk to incorporate the town. This would require at least 201 residents and approval from a county judge.

Musk opened his new Tesla factory dubbed Giga Texas in April last year. The sprawling plant spread across 2,500 acres of Travis County outside Austin is billed as the manufacturing hub for the Model Y and the future home of the Cybertruck.

In neighboring Bastrop County, his tunneling firm Boring is building a new warehouse, while SpaceX is building a 12-acre facility. The proposed Snailbrook 'utopia' for his employees is just a half-mile up the road.

Snailbrook takes its name from Boring's mascot, a snail named Gary - a reference to the SpongeBob cartoon character of the same name.