Market Chatter: SpaceXAI Explores Texas Data Center Expansion

MT Newswires Live
Jul 23

SpaceX's (SPCX) unit, SpaceXAI, is exploring several potential sites in Texas for at least one new large-scale data center, The Information reported Wednesday, citing three people with knowledge of the effort.

The company's goal is an expansion in Texas on a scale similar to or greater than its existing facilities in the Memphis area, the report said.

SpaceXAI has already sent some data center staff to Texas in preparation for the expansion and last month was hiring a data center development lead in Austin and Bastrop to oversee data center installations, according to the report.

SpaceX did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 117.63, Change: -5.91, Percent Change: -4.78

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10