SpaceX wins Texas county approval for reinvestment zone tied to Terafab chip facility

SpaceX won approval for a reinvestment zone in Texas on Wednesday ‌despite fierce opposition ⁠from ⁠residents, clearing a key hurdle for a proposed $119 billion Terafab semiconductor manufacturing complex.

The project is central ​to SpaceX’s efforts to expand beyond rockets and satellite communications into advanced ​computing infrastructure and domestic chip ⁠production – ambitions ‌that investors view as a ​major ​pillar of the company’s ⁠future growth.

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