SpaceX Plans $24 Billion Texas Data Center and Gas Plant
A Starbase city hearing notice puts the first phase of a SpaceX computing center and gas-fired power plant at an estimated $24 billion.
By Katia Clara · · 2 min read
SpaceX has spent years building rockets at Starbase. Now it wants to build the power station and the server halls too. A Starbase hearing notice estimates the first phase of a SpaceX computing center and gas-fired plant at $24 billion, Investing.com reported [2].
The project would occupy 444 acres within the new city, just east of Brownsville, CRE Daily said [1].
How we got here
- Starbase became its own city in 2025 and is home to several hundred SpaceX workers and their families [1].
- SpaceX's AI unit reportedly brought in $7.56 billion of sales in the third quarter, up from $813 million a year earlier, GuruFocus said [3].
- SpaceX shares rose 5.8% on Monday as the plan surfaced [3].
- In September, SpaceX proposed a gas pipeline in Florida to fuel Starship at Cape Canaveral [2].
But nothing is approved. Governor-elect Gina Hinojosa campaigned on curbing new data center construction until communities get more protections [3]. The notice also left open key details such as power capacity, water use and timing, CRE Daily noted [1].
What it means for you
Generating its own power lets a developer skip the grid hookup line that slows most big campuses [1]. For landowners and investors near Texas data center corridors, that changes what makes a site valuable: access to gas lines and room for turbines can matter as much as a utility substation. By our math, $24 billion spread across 444 acres is about $54 million an acre of planned investment.
Zoom out
Gas-fired self-supply is becoming the standard Texas playbook for data centers that want to come online fast, CRE Daily said [1]. Rising state political pushback is now the main risk to that model.
This is market commentary, not investment advice.
Sources
- [1]CRE Daily via Yahoo Finance, SpaceX Plans $24B Starbase Data Center and Gas Plant, Nov 10, 2026.
- [2]Investing.com via Yahoo Finance, SpaceX plans $24 billion power plant in Starbase, Texas, Nov 9, 2026.
- [3]GuruFocus via Yahoo Finance, Elon Musk's $24 billion Texas plan faces a major obstacle, Nov 10, 2026.





