AGP Executive Report
Last update: 4 hours agoAI Investment: SpaceX outlined more than $74 billion in planned AI campuses across Texas and Arizona, including a proposed $24 billion South Texas facility with on-site power. The expansion is sharpening debate over data-center incentives and grid reliability, as Texas grid officials urge large users to curb demand during shortages. Space Economy: Starship Flight 15 lifted off from Starbase, with SpaceX aiming to bring both the rocket and spacecraft back to the launch site—a key test for reusable rockets. West Texas Development: PowerBridge broke ground on a planned 2-gigawatt powered campus near Pecos; its first phase is expected to deliver power in late 2027. Aerospace: Embraer’s services revenue rose 30% year over year, while its Fort Worth maintenance center is expanding with a second hangar expected in 2027, more than doubling the company’s U.S. airframe repair capacity. Semiconductors: Texas Tech received a $19 million state grant to support semiconductor innovation.
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