SpaceX Proposes $24 Billion Gas-Fired Power Plant and Supercomputing Facility in Texas

SpaceX is seeking local tax incentives for a proposed natural gas-fired power plant and supercomputing facility at its Starbase operations in Texas, with an estimated $24 billion investment in the project's initial phases.
The development would occupy approximately 444 acres in Cameron County and combine computing infrastructure with dedicated electricity generation. The proposal reflects growing interest among technology companies in securing power supplies for energy-intensive computing operations.
Starbase officials are scheduled to consider the company's proposed tax abatement and economic development agreements at a public hearing on December 9. The project has not yet received final approval, and construction schedules remain uncertain.
If developed, the facility could represent a substantial new source of demand for natural gas, power equipment and data center infrastructure. The final scale and economic impact will depend on regulatory approvals and project execution.