SpaceX plans US$74 billion investment in Arizona and Texas AI sites
The Texas project includes a company-operated gas power plant, while residents in Arizona have raised concerns about water, electricity bills and wildlife.
SpaceX is planning two AI computing developments costing US$74 billion, Bloomberg reported: a US$50 billion campus in Arizona’s Cochise County and a US$24 billion facility near its Starbase headquarters in Texas. The company posted the plans on its website after selling bonds months earlier to finance its AI expansion.
The Texas development will include a gas-fired electricity plant under SpaceX’s ownership and operation. The company says construction there has generated more than 3,000 jobs, with 500 people expected to work at the facility after it opens.
For Arizona, SpaceX forecasts about 5,500 construction positions and 1,000 permanent jobs. Whether that campus will use gas remains unclear. The company says it intends to partner with local electricity cooperatives, draw on renewable energy already available and use dry cooling rather than groundwater.
A local newspaper reported that hundreds of residents challenged SpaceX at a meeting, voicing concerns about water supplies, electricity costs and wildlife.
SpaceX also supplies computing capacity to outside AI companies. Anthropic is its largest customer and accounts for a third of its revenue, while Google has agreed to pay US$920 million monthly for computing services.
