SpaceX to invest over $74 billion in construction of two data centers

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SpaceX revealed that it intends to allocate over $74 billion for the development of two major data centers located in Texas and Arizona, as per a report by Reuters.

Daniel Oberhaus

As per the documentation, SpaceX plans to allocate $50 billion to the Arizona facility. The project aims to generate more than 5,500 jobs during construction and 1,000 permanent roles when it is up and running. The facility will employ a dry-cooling system, eliminating the necessity of using groundwater resources.

A sum of $24 billion is designated for the data center located in Texas. The facility aims to produce its own electricity instead of relying on the public grid for power. The initiative is expected to generate over 3,000 positions during the building phase and 500 when it becomes operational.

Nonetheless, the Arizona project still awaits formal approval and has faced resistance from local inhabitants, according to Reuters. The agency reports that a petition opposing the construction has amassed over 2,000 signatures.

source: reuters.com

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