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SpaceX Seeks Tax Break From Texas City, Led By SpaceX Executives

SpaceX Seeks Tax Break From Texas City, Led By SpaceX Executives

Summary

SpaceX is seeking property-tax relief for a proposed $24 billion gas-fired power plant and computing facility in Starbase, Texas. Two of the three city commissioners scheduled to consider the agreements work for SpaceX; the public hearing is set for December 9, 2026.

Key Facts

  • The proposed project would cover about 444 acres within Starbase and Cameron County’s Enterprise Zone.
  • SpaceX plans to build, own, and operate the facility and expects to invest about $24 billion in its initial stages.
  • The city notice does not specify the proposed tax break’s value or duration.
  • The agreements under consideration cite Chapter 312 of the Texas Tax Code and Chapter 380 of the Texas Local Government Code.
  • Mayor Robert Peden is SpaceX’s vice president of Texas test and launch operations.
  • Commissioner Jordan Buss is SpaceX’s senior director of environmental, health, and safety.
  • Commissioner Lois Wallace does not work for SpaceX, according to her city biography.
  • Cameron County said SpaceX had invested more than $3 billion in Starbase infrastructure and employed or contracted more than 3,400 people there by 2024; the figures came from SpaceX.
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