Starbase was officially formed earlier this month after Musk’s aerospace and defense contractor prevailed in a local election. It is now run by officials who are SpaceX employees and former employees.
As of early this year, the population of Starbase stood at around 500 people, with around 260 directly employed by SpaceX, the Texas Tribune reported. Most other residents of Starbase are relatives of SpaceX employees.
I've never heard anything good about company towns. Doesn't mean it can't happen. To me it just seems like another way for a company to control the workers and a quick path to indentured servitude.