SpaceX to invest over $74 billion in supercompute facilities in Texas, Arizona
A general view of a SpaceX building ahead of the SpaceX initial public offering (IPO), in Starbase, Texas, U.S., June 11, 2026. REUTERS/Gabriel V. Cardenas
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
Nov 12 : SpaceX said on Thursday it plans to invest more than $74 billion in two supercomputing campuses, one at its Starbase site in Texas and another in Cochise County, Arizona.
The company expects to spend $24 billion on the Starbase site and roughly $50 billion on the Arizona campus, the company said in a statement.
The Arizona campus, which needs approval from Cochise County, would create about 5,500 construction jobs and 1,000 permanent jobs, SpaceX said.
The Starbase facility would generate its own electricity rather than draw from the public grid.
Earlier this week, the company said it was planning a gas-fired power plant and super-compute facility in Starbase.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
