# SpaceX plans $24 billion data center project in Starbase

> **Open Intelligence Dossier** · First detected: 2026-11-11 02:40 UTC · Category: Business

## Executive Summary
SpaceX proposes a multi-billion dollar data center project in Texas while facing resident concerns and market valuation discussions.

## Intelligence Brief
Recent reporting outlines a major infrastructure initiative by SpaceX, involving plans for a $24 billion data center and associated gas-fired power plant in Texas, specifically located at Starbase. According to coverage from Bloomberg.com and Yahoo Finance, the undertaking encompasses a supercomputer plan that has already slipped past a key roadblock, generating widespread attention across financial and regional news outlets. At the same time, regional coverage from ValleyCentral.com highlights that local residents are raising concerns regarding the proposed facility, specifically noting that the project is moving forward without community consent.


The coverage heavily emphasizes the sheer financial scale and technological ambition of the Starbase proposal, integrating artificial intelligence data handling requirements with dedicated power generation infrastructure. Yahoo Finance and Bloomberg.com lead the reporting on the corporate and valuation angles, while Teslarati details the procedural hurdles the supercomputer plan has navigated. ValleyCentral.com focuses intensely on the localized pushback, capturing the friction between corporate expansion strategies in Texas and the local population's demand for community input regarding environmental and regional impacts.


Contextually, this development intersects with broader financial assessments surrounding SpaceX stock valuation. Yahoo Finance features commentary from analyst Dan Ives, who suggests that the company's equity carries up to a twenty-five percent political discount. This market dynamic provides background for understanding investor sentiment and external pressures accompanying high-profile corporate announcements tied to figures like Elon Musk. The convergence of multi-billion dollar technology investments, dedicated power infrastructure, and localized resident opposition frames a complex operating environment for the firm in Texas.


Looking ahead, coverage does not yet specify definitive construction timelines or final regulatory approvals for either the data center or the gas-fired power plant. Observers and stakeholders will be monitoring how SpaceX addresses the vocal community concerns highlighted by regional reporting, as well as whether the reported political discount on stock valuation shifts as the Starbase project advances through subsequent phases of development and regulatory review.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| WSJ | SpaceX to Spend $74 Billion on New Data Centers | [Source Link](https://news.google.com/rss/articles/CBMi6AFBVV95cUxNMmlmQVJmTk82SnhUWlNHc05fVHlzV2ZhcHNHM1NVR1A5Z0xtbUh5ZkJpYVlxd29UeldBRm5JaV9fTG0tMXFWWGdvdUVIQ1VTekI4WVpFcDdpUjQ2QkpMSFVqTE5tb1dnUDlKemdpeThVZDBrQXd4NW5oSnVDYTYwNlg0U0ZWUm4wMFBRcnhGQVRrbkh5Uzd0T2tzOGRPekpyUTV0Y2Itcm5ZWEJFdDk2d1ptb2Q2TFNkQ2RjMW5nNUMzbW45MHdXZFpzMTVJQy1EcnlBaENpazQ2Y08yTjVVdGJiRUhDaE1L?oc=5) |
| Yahoo Finance | SpaceX Stock Carries Up To 25% ‘Political Discount,’ Dan Ives Says — Sees Elon Musk’s Tesla Merger Still In Play | [Source Link](https://news.google.com/rss/articles/CBMinwFBVV95cUxQMGsxc3hIVnMxWXU4dUhld3JwN3gzMkVWRlpQOXNuSGRnMndWNjl6alBHbWUyaF9OVG5VU3NEdjNBMnJ4S2U5NEF5ckttTm9SbHl4MEhWaWVxR01ueXVyR1N6ZDBIREw0WUVkdUNEc085UTZPTFY0ek5IblFHczNlWXZQTk04Z2FCS0dIN1NHQmd2QWtGTV8wdEVRY21FWGM?oc=5) |
| Bloomberg.com | SpaceX Plans $24 Billion Data Center and Gas Plant in Texas | [Source Link](https://news.google.com/rss/articles/CBMirgFBVV95cUxQa2tLdTRWMGF3cFpraEd5VWpXMzdGNlpZRUdvY0VOTVZNLWl6MXBncjJoRl9TTzZBN0JjMHhSd3NjLTJ5alRFWDlMZFRKSmVIaktDLW14U2piaUIxUVBPWnU3MTBmVWx3WjRrYjA1ejFWWGFwSm9xbzhFWWZzY1VoVDRSb1U4UERRbFJ6ZHhMV2JLUGxGRFFuWmd0YmloVXROdzByZ0lIVzhLV2dhYlE?oc=5) |
| Teslarati | SpaceX’s $24B Starbase supercomputer plan slipped past a key roadblock | [Source Link](https://news.google.com/rss/articles/CBMimwFBVV95cUxNZ3BPT2Vodng0TEJWRm1hVG5YbWZ6ejlGTUdxVTZxZDJXRnU0czVzUy1jTnQxU3BWMnplbnE5THdhX1VxTmpWZG9NZFJGS1lLYkxmeWZGajByd0pHWDluREEwTGpSbC1GakNiQVpkOG1kSVFySm9IMlNrQWFTX1JBNXZkaUJkS1Rza1Z0RXFZQndselJJdHhfb0ROOA?oc=5) |
| Yahoo Finance | Elon Musk's SpaceX Reportedly Plans $24 Billion Gas-Fired Power Plant and AI Data Center In Texas | [Source Link](https://news.google.com/rss/articles/CBMilgFBVV95cUxPbERDcUZXankxS2YyQlJQSTZRdTV2c012b3ozNjFPLW92YWltMUNkVWw0Yzl3TzNsYUZmenFQRndxdHJqWldFNlJwLUlXWmYwT3hqYU8zdjNwMF9LRzJfV2xlNmZwWFJNX3FjMHZaamVlWHJkalpxTF9NRkJnR2RIOHRFRFVISmdwZTZ1cFJtSnNGd01HSWc?oc=5) |
| ValleyCentral.com | ‘Without community consent’: Residents raise concerns over proposed SpaceX facility | [Source Link](https://news.google.com/rss/articles/CBMixgFBVV95cUxORHVMSmFrSHl2Tk9QZjJkaURKaHJVVEhxY0hwZVNsMnRab2p6S0FvRDBtTk90azBOVEF3cUQtSUNEOHlybk9lUlVJYWdFcXRPOUIySGg2VGEtRVNfT0lUd3QwT3BkTnlwS1gyM2dycDlmMlFaYXJLSnhXSHB4UnlvWVJzb1ZJeWV3M19BSDgyWlllZlRaS3dKSkJEcjdmaDk4T3dYUk5BU0s2cmpFTGNVc1h4LW1UTkRVWjduN0NVTUozLXNrdVHSAcsBQVVfeXFMT0U2YUNIZnp5UWdxTzJiNV94NmluM3NNcU5OVXVvWlEwdzFJRFliZzVPUDhncHhvQnptTkRuOTZuTmR3cnNWdVRNQzF0XzN1NkxTSEVSc05UbE9wdXRnZFZnRUFvYWNVTHMxdENlRnRTeUc3VUZWRC1QNFdxNDUtS1V3cEtFZXBuTGY5SnF) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-11-11/spacex-plans-24-billion-data-center-project-in-starbase*