US EditionSpaceX to make $280M investment in Bastrop facility, awarded Texas grant
- SpaceX received a $17.3 million grant from the Texas Semiconductor Innovation Fund to expand its Bastrop facility.
- The Bastrop facility expansion is projected to create over 400 jobs and involves a capital investment of more than $280 million.
- The purpose of the Bastrop facility is to produce Starlink kits and advanced packaged silicon products, with a planned growth of 1 million square feet.
- Governor Greg Abbott stated that the expanded facility will be the largest printed circuit board and panel-level packaging factory in North America.
15 Articles
15 Articles
Texas Standard
KUTTexas gives Elon Musk’s SpaceX $17.3M to expand manufacturing site near Austin
Starlink, a division of Elon Musk’s rocket company SpaceX that provides satellite internet service across the world, received the second largest grant in a new state fund meant to support the semiconductor business in Texas.
SpaceX to receive $17M from the Texas Semiconductor Innovation Fund Grant
AUSTIN (KXAN) --- On Wednesday, Gov. Greg Abbott announced SpaceX will get the fifth Texas Semiconductor Innovation Fund (TSIF) grant of $17.3 million. The money is meant to help with the company's expansion of their semiconductor research and development and advanced packaging facility in Bastrop. SIMILAR COVERAGE: Bastrop keeps up with growth, Elon Musk moving another company to the area This expansion will create more than 400 jobs and …
Coverage Details
Bias Distribution
- 70% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
