Veytics Intelligence
2026-11-12 · Seekingalpha

SpaceX advances $74B of new data center projects in Texas and Arizona

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[Starbase headquarters in Boca Chica] SpaceX (SPCX [https://seekingalpha.com/symbol/SPCX]) is advancing a pair of AI data center projects in Texas and Arizona in a combined investment of $74B, the Elon Musk-led company announced today. At the Starbase facility in the Rio Grande Valley in Texas, SpaceX plans to invest more than $24B in new supercomputing infrastructure. The facility is slated for development on SpaxeX property located near the Port of Brownsville and the City of Brownsville landfill. "The facility will generate its own electricity without drawing power from the public grid," SpaceX said.

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