In the public meeting announcement published on the city’s website, it was stated that the Starbase City Commission will evaluate the approval of the property tax reduction and the associated economic development agreement within the scope of the project in question at the meeting to be held on December 9.
The announcement noted that SpaceX plans to build, own and operate a natural gas-fired power plant and supercomputer facility.
It was stated in the announcement that the estimated capital investment for the first stages of the project is expected to be approximately 24 billion dollars, and that the project could be implemented in more than one phase and could include future expansion projects.
