Veytics Intelligence
2026-11-10 · Yahoo

SpaceX to Build $24B TX Data Center & Gas Plant: Stock Worth a Bet?

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Space Exploration Technologies Corp. SPCX is planning to develop a $24 billion gas-fired power plant and supercomputing facility at Starbase, TX, to expand its artificial intelligence (AI) infrastructure and gain greater control over critical energy resources. The company proposes to construct, own and operate the facilities on approximately 444 acres near Brownsville, TX, in a concerted effort to integrate energy generation, advanced computing and aerospace operations. By establishing a dedicated power supply alongside its computing infrastructure, SpaceX aims to accelerate capacity deployment, enhance cost predictability and strengthen its competitive position in the rapidly expanding AI market.

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