SpaceX Plans More Than $74B for AI Campuses

SpaceX said on 12 November 2026 that it plans to invest more than $74 billion in two AI supercomputing campuses, one at Starbase in Texas and one in Cochise County, Arizona, according to Reuters, carried by CNA. SpaceX expects to spend more than $24 billion on the Starbase site and roughly $50 billion on the Arizona campus. Bloomberg reports the same two projects as $74 billion of infrastructure, including a $50 billion Arizona site and a $24 billion computing site at Starbase, and says the Texas project includes constructing, owning and operating a gas-fired power plant. SpaceX's own Cochise County page says that Arizona site is planned for up to 6 gigawatts, with nine supercompute buildings plus support buildings, and a $50 billion investment. The same page says the Arizona campus is dry-cooled and has no on-site power plant. Reuters reports that the Arizona campus still needs Cochise County approval, that a public hearing is set for December, and that a petition with 2,400 signatures has asked officials to deny the permit. A city notice Reuters also cites shows a gas-fired power plant and supercomputing facility on about 444 acres at Starbase, and the Starbase City Commission is due to consider a property-tax abatement on 9 December 2026. That hearing is a separate record from this investment plan. Reuters also reports that the AI segment generated more than half of SpaceX's third-quarter revenue. These are stated plans. The Arizona campus is not approved, and neither site is a finished campus.