The Silicon Valley Elite Who Want to Build a City From Scratch

The purchases by a company that no one in the area had heard of and whose business was a mystery have become the subject of heavy speculation and developing news stories, rattling landowners, local supervisors, the nearby Air Force base and members of Congress. Was Disney buying it for a new theme park? Could the purchases be linked to China? A deepwater port?

The company’s investors, whose identities have not been previously reported, are a who’s who of Silicon Valley, according to three people who were not authorized to speak publicly about the plans.

Read more at the New York Times.