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SpaceX to invest $74B into data center construction projects in Texas, Arizona

Elon Musk’s SpaceX plans to invest more than $74 billion into building two data centers in Texas and Arizona, the company announced Thursday, marketing them as projects that will boost local communities amid backlash surrounding such facilities. “These investments will expand local tax bases, generate substantial new revenue for schools and public services, and create...

SpaceX to invest $74B into data center construction projects in Texas, Arizona

We haven't written up this one. The Hill has the full story — the link below goes straight to it.

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Can SpaceX Disrupt AI Data Centres?

For me, the most interesting investment question involving SpaceX isn’t whether it is worth the enormous valuation. It’s whether Elon Musk can build AI data centres quickly enough to change the supply-demand balance of the entire industry. That distinction matters. SpaceX’s valuation is one question.

  • SpaceX aims to construct AI data centers rapidly to disrupt industry supply-demand balance.
  • Compute prices remain high due to supply constraints, preventing overbuilding scenario so far.

Why SpaceX Stock Popped on Monday

SpaceX has multiple paths to reach $190 per share within a year.

  • SpaceX stock surged 5.6%, reaching $190 target
  • Stifel analyst Siegmann reiterated buy rating
  • Positive shift attributed to Democratic midterm sweep

More from Thursday 12 November →