Texas gives Elon Musk’s SpaceX $17.3M to expand site near Austin
Starlink, a division of Elon Musk’s rocket company SpaceX that provides satellite internet service across the world, received the second largest grant in a new state fund meant to support the semiconductor business in Texas.
Texas Gives SpaceX a $17.3 Million Grant to Expand Its Starlink Facility
This is part of a $280 million investment in the factory, which currently makes about 15,000 Starlink dishes per day. The money comes from the Texas Semiconductor Innovation Fund.
SpaceX to build $280 million semiconductor facility expansion in Texas
SpaceX is making a sizeable investment in its operations near the Texas capital, according to a Wednesday release from Texas Gov. Greg Abbott. Abbott announced the state will be chipping in with a $17.
Texas Gov. Greg Abbott awards $17.3M semiconductor grant to SpaceX for Bastrop expansion
Governor Greg Abbott announced that the fifth Texas Semiconductor Innovation Fund grant of $17.3 million will be awarded to SpaceX.
SpaceX to receive $17M from the Texas Semiconductor Innovation Fund Grant
On Wednesday, Gov. Greg Abbott announced SpaceX will get the fifth Texas Semiconductor Innovation Fund (TSIF) grant of $17.3 million. The money is meant to help with the company's expansion of their semiconductor research and development and advanced packaging facility in Bastrop.
Gov. Abbott announces $17.3M grant for SpaceX facility in Texas
The grant was awarded to expand SpaceX's semiconductor research and development and advanced packaging facility in Bastrop. It will create 400+ jobs.
SpaceX to make $280M investment in Bastrop facility, awarded Texas grant
SpaceX is set to invest more than $280 million in its Bastrop manufacturing facility, and a grant from the new Texas Semiconductor Innovation Fund will help fund the endeavor. Gov. Greg Abbott announced on March 12 that Elon Musk-led SpaceX will get $17.
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