SpaceX Seeks Incentives for $24 Billion Starbase Power and Supercomputing Project

SpaceX is seeking local tax incentives for a gas-fired power plant and "super-compute facility" in Starbase. A public hearing notice issued by the Starbase City Commission puts the estimated capital investment for the project's initial phases at about $24 billion. According to the notice, Space Exploration Technologies Corp. "proposes to construct, own, and operate" both facilities on the site.

The company is asking for a property tax abatement under Chapter 312 of the Texas Tax Code. It is also asking for a related economic development agreement under Chapter 380 of the Texas Local Government Code. The commission will hold a public hearing on both requests at 7 p.m. on Wednesday, Dec. 9, during its regular meeting at 48491 State Highway 4. The notice says interested people may attend and be heard.