SpaceX Plans $74 Billion in Data Centers in Texas and Arizona
SpaceX plans more than $74 billion for two data centers in Texas and Arizona, which the company is marketing as a boost to local communities.
Elon Musk's rocket and artificial intelligence company, SpaceX, plans to invest more than $74 billion to build two data centers in Texas and Arizona, according to The Hill, which reported that the company announced the plan on Thursday. The Hill's headline described the investment as $74 billion for data center construction projects in the two states.
The Hill reported that SpaceX is marketing the projects as a way to boost local communities amid backlash surrounding such facilities. In the words the outlet cited, "These investments will expand local tax bases, generate substantial new revenue for schools and public services."
The New York Times reported that the company has spent billions to develop the giant warehouses full of computer servers that power the technology. Its report, written by Grace Kay, frames the new plan as a $74 billion investment to build data centers in Texas and Arizona. The New York Times published the story under that headline.
Neither The Hill nor The New York Times, in the summaries available for this story, identifies the specific sites within Texas and Arizona, gives a construction timeline, or divides the $74 billion between the two projects. The Hill's report was written by Ford McCracken.
The New York Times summary states that the company has already spent billions on such facilities, while The Hill's summary connects the new plan to backlash surrounding such facilities, a backlash the summary does not describe in detail.
Sources: The New York Times: SpaceX Plans $74 Billion Investment to Build Data Centers in Texas and Arizona; The Hill: SpaceX to invest $74B into data center construction projects in Texas, Arizona.