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BROWNSVILLE, Texas — A recent report indicates that SpaceX is generating immense economic growth in South Texas, where the company recently established its rocket launching facility.
According to an impact study released by Cameron County, the company’s Starbase headquarters have added over $13 billion to the South Texas economy over the past two years.
The growth comes after Elon Musk officially moved his company’s headquarters in 2024 from California to Starbase, a corporate community that was incorporated by Cameron County residents in a nearly unanimous vote this May.
The move has supported 24,000 direct and indirect jobs across the region in the past two years, according to the report. In 2024, the complex employed 3,400 people. This year an additional 900 jobs were reported, and county officials said they expect this growth to continue. According to the Rio Grande Guardian, Commissioner Tino Villarreal said by next year the facility is expected to employ up to 8,000 people.
“While Starbase operates close to the coast, every city in Cameron County and the Rio Grande Valley shares in the benefits — stronger schools, more tourism, and new high-paying job opportunities,” Judge Eddie Treviño Jr. said in a statement. “As SpaceX expands their production capabilities, bringing high-paying manufacturing and engineering jobs directly to Starbase, we will continue to see a new age of growth for all of South Texas happening right here in Cameron County.”
In the report, SpaceX said it has also generated more than $305 million in indirect tax revenue over the past two years. In 2024, the company said it did business with over 350 suppliers, putting $147 million into the regional supply chain.
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Laura Baker
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