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Today Explained

Today Explained

Musk’s SpaceX makes massive $74 billion data centers investment despite voter backlash

Today Explained · Nov 13, 2026 · 6:20

0:006:20

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According to reports from The New York Times and The Hill, SpaceX announced on November 12, 2026, that it plans to invest more than $74 billion into two massive artificial intelligence data center campuses in Texas and Arizona. This expansion follows a 2026 midterm election cycle in which voters and lawmakers across both parties voiced sharp opposition to local data center development.

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