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

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3 outlets covering · First listed: The Hill, Nov 12, 2026, 5:24 PM · Read it: <https://thehill.com/policy/technology/6217630-spacex-plans-data-centers-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…

## Who's covering it

In the order they published:

- Nov 12, 2026, 1:29 PM: [SpaceX Plans $74 Billion Investment to Build Data Centers in Texas and Arizona](<https://www.nytimes.com/2026/11/12/business/spacex-data-center.html>) — New York Times (Newspaper, United States, rated Lean left)
  Elon Musk’s rocket and artificial intelligence company has spent billions to develop the giant warehouses full of computer servers that power the technology.
- Nov 12, 2026, 3:15 PM: [SpaceX plans to invest $50B in an Arizona data center campus and $24B in a Texas campus; in October, it said its AI business generated 50%+ of its revenue (Grace Kay/New York Times)](<https://www.techmeme.com/261112/p54>) — Techmeme (Aggregator, United States)
- Nov 12, 2026, 5:24 PM: [SpaceX to invest $74B into data center construction projects in Texas, Arizona](<https://thehill.com/policy/technology/6217630-spacex-plans-data-centers-texas-arizona/>) — The Hill (Newspaper, United States, rated Center)
  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…
