SpaceX to build $24 billion data center in South Texas, sidestepping moratorium

SpaceX is making a big move with plans to build a $24 billion data center and power plant in South Texas, specifically in the area known as Starbase, while circumventing a state moratorium on such large projects. The city has set a public hearing to discuss a potential tax abatement agreement, which could significantly reduce the financial burden of this ambitious venture. This move underscores SpaceX's commitment to expanding its infrastructure for future space missions and data storage needs, potentially reshaping the local economy and setting a precedent for future large-scale tech investments in the region.