×

SpaceX to invest over $74 billion in supercompute facilities in Texas, Arizona

By Thomson Reuters Nov 12, 2026 | 10:15 AM

Nov 12 (Reuters) – 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.

(Reporting by Anzar Mehraj and Akash Sriram in Bengaluru; Editing by Devika ​Syamnath)