American aerospace company SpaceX is reportedly planning to invest approximately $24 billion in a major data center complex in Texas.

The proposed development is expected to combine computing infrastructure with a gas-powered electricity facility to support the growing demand for artificial intelligence and advanced digital services. Axios

The project reflects the increasing connection between the technology and energy industries. Large data centers require substantial and reliable electricity supplies to operate the powerful computers used for artificial intelligence applications, cloud services, and data processing.

SpaceX, founded by Elon Musk, is widely known for its rocket launches, satellite technology, and Starlink internet service.

The planned investment would represent a further expansion of its activities into the infrastructure supporting advanced computing.

The proposed gas-powered facility could provide electricity directly to the data center, reducing its dependence on external power supplies.

However, projects of this scale also raise questions about energy consumption, environmental impact, and the availability of resources needed to support large computing operations.

The development highlights how major technology companies are investing beyond traditional software and hardware businesses to secure the infrastructure needed for future growth.

If completed, the Texas project would represent a significant investment in the rapidly expanding data center industry.

Source: Reuters.