SpaceX weighs buying stalled data center projects as it plans a $24 billion Texas compute complex

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Stifel sees an opportunity for SpaceX to acquire stalled data center projects with electricity access, citing the company’s investment-grade balance sheet and $40 billion in committed GPU financing. Separately, a public-hearing notice says SpaceX plans a gas-fired power plant and super-compute facility at Starbase, Texas.

Discovered 2026-11-09T06:05:26.456407-08:00 | 2026-11-09T06:05:26.456407-08:00

Briefing

What Hype is tracking

  • SpaceX’s reported $24 billion Starbase project would pair a gas-fired power plant with a super-compute facility, extending the company’s footprint into energy and data-center infrastructure.
  • Stifel points to $40 billion in committed GPU financing and electricity-ready stalled projects as potential levers for expansion; the brokerage reiterated its Buy rating and $190 price target.

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2026-11-09T06:05:26.456407-08:00
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2026-11-09T11:23:24.173159-08:00
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