Veytics Intelligence
2026-11-09 · Seekingalpha

SpaceX plans $24B gas power plant, supercomputing facility in Texas

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[boca chica texas starbase and road sign] Edward Franklin/iStock Unreleased via Getty Images SpaceX plans to develop a natural gas-fired power plant and supercomputing facility at its Starbase headquarters in Texas, with an estimated $24 billion investment in the project's initial phase. The proposal, disclosed in a public hearing notice, calls for SpaceX to build, own and operate the facilities on a 444-acre site near Brownsville. Starbase officials are scheduled to consider a tax abatement and development agreement on Dec. 9. For investors, the project highlights the growing convergence of artificial intelligence infrastructure, energy production and aerospace manufacturing.

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