SpaceX confirmed Friday that it is in discussions to purchase around 1,200 acres of public land near its base in South Texas, but said the proposal does not include any portion of Boca Chica Beach.

The proposed sale has stirred controversy as the land in question is managed by the Texas Parks and Wildlife Commission, and at least some of the acreage is believed to be a part of Boca Chica State Park.

What they're saying: SpaceX released more information about the proposal on Friday, giving the public one of the first glimpses into what the company, owned by Elon Musk, the richest man in the world, wants to do with the site.