SpaceX Plans $74 Billion Investment to Build Data Centers in Texas and Arizona

SpaceX plans to invest $74 billion in two data centre campuses in Arizona and Texas, expanding its role in the costly race to supply computing power for artificial intelligence. The projects would rank among the largest proposed in the United States and could bring jobs and new infrastructure, while also adding to the company’s already substantial spending.

The Texas campus would cost $24 billion and cover 444 acres near SpaceX’s Starbase site; the company says it would generate its own power, and its approval requirements are unclear. The planned $50 billion Arizona campus in Cochise County requires county approval and is expected to create 5,500 construction jobs and 1,000 permanent roles. SpaceX’s AI business reportedly generated more than half its revenue, with Anthropic committed to pay up to $120.5 billion through 2029 and Google paying $920 million a month for computing power.