SpaceX Plans $74 Billion for Texas, Arizona AI Data Centers

3 articles · Updated · The New York Times · Nov 12

$74 billion would fund two new SpaceX data center campuses, with $24 billion slated for 444 acres near Starbase in Texas and $50 billion for Cochise County, Arizona.
The Texas site would generate its own power rather than draw from the public grid, while the Arizona project still needs county approval and is projected to create 5,500 construction jobs and 1,000 permanent roles.
SpaceX is expanding after saying in October that its AI business generated more than half of revenue, backed by customer commitments including up to $120.5 billion from Anthropic through 2029 and $920 million a month from Google.
The buildout is accelerating despite rising costs: capital expenditures hit $19.6 billion in the third quarter, the company raised $40 billion in debt for chips, and executives said fourth-quarter spending could reach $35 billion to $40 billion.