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SpaceX plans Texas power and computing complex with $24 billion initial investment

The company has requested a property tax abatement for the Starbase project, with city officials scheduled to consider it on December 9.

Illustration of a gas-fired power station beside a computing facility
Photo: CNA

SpaceX plans to invest roughly $24 billion in the initial stages of a Starbase, Texas, complex combining gas-fired electricity generation with a supercomputing facility, a public hearing notice shows.

The company is seeking a property tax abatement. On December 9, the Starbase City Commission is scheduled to review that request along with an associated economic development agreement. The notice provides neither an amount nor a duration for the proposed tax relief.

The proposed facilities would be built, owned and operated by SpaceX. Development may take place in stages and could extend to later expansions, according to the notice. It does not disclose the electricity generation capacity or the computing facility's scale.

Separately, Lone Star Mineral Development, a SpaceX affiliate, has filed a proposal for Starpipe, an 8-mile pipeline carrying natural gas to Starbase. Filings reviewed in June put its scheduled service date at January 2027. The pipeline would supply a planned plant producing liquid methane from natural gas for Starship rockets.

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Karim Mansour

Energy & Commodities Editor

Edits and reviews stories on oil, gas, power, renewables, nuclear, coal, metals and agriculture, supply and demand outlooks, and OPEC.