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According to a hearing notice published on the Texas Starbase government website, Musk's SpaceX plans to build, own, and operate a gas power plant and supercomputing facility at Starbase, where the company is located. The initial investment of the project is estimated at $24 billion. Starbase city councilors will review a tax relief and development agreement at their December 9 meeting. This plan shows that Musk is seeking vertical integration into SpaceX's gas value chain. Natural gas is the primary fuel for power generation used by data center developers to push facilities up and running as soon as possible. SpaceX also plans to use ultra-low temperature cooled and purified natural gas for some rocket launches.
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According to a hearing notice published on the Texas Starbase government website, Musk's SpaceX plans to build, own, and operate a gas power plant and supercomputing facility at Starbase, where the company is located. The initial investment of the project is estimated at $24 billion. Starbase city councilors will review a tax relief and development agreement at their December 9 meeting. This plan shows that Musk is seeking vertical integration into SpaceX's gas value chain. Natural gas is the primary fuel for power generation used by data center developers to push facilities up and running as soon as possible. SpaceX also plans to use ultra-low temperature cooled and purified natural gas for some rocket launches.
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