Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas

Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas

Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing ​project in Grimes County, Texas. SpaceX said the project is crucial to its efforts to expand into advanced computing infrastructure and domestic chip...