CROWDFUNDINSIDER · 2026-11-11 20:29 UTC

SpaceX ($SPCX) Proposes Starbase Project, a Supercomputing Initiative that Exceeds Value of Its Bitcoin (BTC), Tesla's Holdings Are Even Smaller

SpaceX has asked Starbase, Texas officials to approve a gas-fired power plant paired with a super-compute facility on an approximately 444-acre tract east of Brownsville. A city notice puts the initial capital investment at roughly $24 billion, about seventeen times the roughly $1.39 billion market value of the 18,712 bitcoin SpaceX holds. The Starbase City Commission is scheduled to consider a property tax abatement and an economic development agreement on December 9, 2026.

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