SpaceX Plans More Than $74 Billion in Texas and Arizona Supercomputing Projects

Barchart · 1d ago

SpaceX ($SPCX) announced plans November 12 for more than $74 billion in supercomputing investments across Texas and Arizona. The proposed facilities include approximately $24 billion near Starbase and a roughly $50 billion campus in Cochise County, Arizona.

  • The Texas project has generated more than 3,000 construction jobs and is expected to support over 500 permanent positions, according to SpaceX.
  • The Texas facility will generate its own electricity rather than draw power from the public grid.
  • SpaceX committed $220 million to Brownsville-area water and wastewater infrastructure, including $40 million already provided. Identified projects would add approximately 20 million gallons of daily water capacity.
  • The Arizona campus is expected to create approximately 5,500 construction jobs and 1,000 permanent positions. SpaceX is seeking approval and working with local electric cooperatives.
  • Arizona plans include dry cooling, no industrial groundwater consumption and potential electricity-bill reductions of up to 20% for cooperative members.
  • SpaceX’s October lobbying disclosures list permitting reform, AI regulation and onshoring advanced manufacturing among its policy priorities, alongside federal infrastructure initiatives and trade policy affecting AI services.

Relevant Companies

  • SpaceX ($SPCX): Would fund and develop the proposed supercomputing campuses and associated infrastructure.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.