SpaceX said Thursday that it plans more than $74 billion in new U.S. supercomputing campuses, pairing a facility at its Starbase site in Texas with a second project in Cochise County, Arizona, Yahoo Finance reported.

The figures come from Yahoo's account of the company's announcement and were not independently audited for this article. At Starbase in the Rio Grande Valley, SpaceX intends to invest more than $24 billion in a supercompute facility that will generate its own electricity rather than drawing from the public grid, Yahoo reported. The project has already supported more than 3,000 construction jobs and is expected to sustain more than 500 permanent roles once operational, the company said. Yahoo said the announcement builds on more than $15 billion already invested in Starbase for Starship. That Texas compute plan overlaps with a previously reported Starbase power-and-supercompute project; Thursday's news is the broader, two-state package and the Arizona campus.

The Arizona campus is planned at roughly $50 billion and is expected to create about 5,500 construction jobs and 1,000 permanent positions, Yahoo reported. Together, a $24 billion-plus Texas site and a $50 billion Arizona site add up to the "more than $74 billion" headline. The new sites are intended to train advanced models for medicine, emergency response, manufacturing and national security, while also supporting tests of space-based computing technologies, according to the report.

After the xAI deal, a race for gigawatts

Yahoo said the campuses are part of SpaceX's wider push into large-scale AI compute after its acquisition of xAI earlier this year. The company reported 1.7 gigawatts of installed compute at the end of September and is targeting 2.5 to 3 gigawatts by the end of 2026. Its primary existing supercomputing footprint is the Colossus cluster along the Tennessee-Mississippi border.

Yahoo also reported that SpaceX is leasing some Colossus capacity to Anthropic under a multi-year deal "worth about $1.25 billion per month through May 2029," and that Alphabet's Google is among other important customers. That monthly figure is extraordinary and comes only from Yahoo's report; this article is not independently confirming the contract terms.

Starmind in orbit

Alongside the ground campuses, SpaceX is developing the Starmind orbital constellation, which Yahoo said is expected to operate as orbital data centers and take advantage of solar energy in space. The company has filed with the FCC for permission to launch up to 1 million Starmind satellites, with the first units slated for launch in 2027, the report said.

Yahoo's headline also referred to Elon Musk eyeing a hire of former Nvidia CEO Jensen Huang and to Starship Flight 15. Those items were not detailed in the portion of the report reviewed for this article, and they are not treated as established facts here. Huang's resignation and Nvidia's board changes are covered in separate reporting.