SpaceX plans to invest 74 billion USD to build data centers in Arizona and Texas
SpaceX announced an investment of 50 billion USD to build a data center in Arizona and an additional investment of 24 billion USD in a data center near its headquarters in Starbase, Texas. SpaceX stated that the data centers will provide a large number of jobs; for the Texas project, the company has committed 220 million USD to expand wastewater treatment facilities.
SpaceX is making a major bet on artificial intelligence infrastructure. The company has announced that it will invest a total of $74 billion in Arizona and Texas to build two supercomputing centers, marking a new phase in the rocket manufacturer's transformation into an AI infrastructure provider.
Among these, the Arizona project will receive an investment of up to $50 billion, making it the core of this plan. At the same time, SpaceX confirmed it will invest an additional $24 billion in another computing center near its Starbase headquarters in Texas.
Elon Musk is continuously expanding SpaceX's computing capabilities, further propelling the company’s shift from a leading rocket manufacturer and launch service provider to an important AI infrastructure supplier.
SpaceX has already become a key infrastructure partner for companies such as Anthropic PBC and Alphabet Inc. Additionally, the company is developing its own artificial intelligence models and has joined with Tesla Inc. to launch a major chip factory project called Terafab.
As of press time, SpaceX shares were up 2.12% during Thursday's trading.
The Texas project will be equipped with a gas-fired power plant, with $220 million invested in wastewater treatment
SpaceX stated that construction of the Texas data center has already created more than 3,000 construction jobs. Once the data center is operational, it is expected to provide 500 permanent jobs. In Cochise County, Arizona, the company expects to create about 5,500 construction jobs during the project, and 1,000 permanent jobs once it begins operations.
According to reports, the Texas project also includes the construction of a gas-fired power plant. It remains unclear whether the Arizona data center will also use natural gas for power generation.
SpaceX stated it will collaborate with local electric cooperatives, making use of existing renewable energy resources and adopting dry cooling technology to avoid consuming industrial underground water.
For the Texas project, SpaceX has committed to invest $220 million to expand water supply and wastewater treatment infrastructure in nearby Brownsville and Cameron County. Starbase is located in Cameron County.
It is noteworthy that in the U.S. presidential election, Cameron County voted by majority for Donald Trump; however, in the most recent midterm election, the county’s voters overwhelmingly supported the Democratic candidate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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