**SpaceX Investing $280 Million in Bastrop Facility Expansion**
SpaceX is making a significant investment of $280 million to expand its factory in Bastrop, Texas. In return, the State of Texas is providing the company with $17.3 million in incentives. This expansion is expected to generate more than 400 new jobs.
Texas Governor Greg Abbott praised the initiative, stating, “I congratulate SpaceX on their more than $280 million investment in this Texas-sized expansion of their semiconductor R&D and advanced packaging facility in Bastrop, which will be the largest of its kind in North America.”
Over the next three years, SpaceX plans to increase the size of its Bastrop facility by one million square feet. The expansion will support the production of Starlink kits and their component parts, including advanced packaged silicon products. Starlink satellites currently provide high-speed, low-latency broadband internet to over five million users in more than 120 countries and territories.
The project will include the development of printed circuit boards (PCBs), a semiconductor failure analysis lab, and advanced packaging for panel-level packaging (PLP). Once completed, the Bastrop facility will be the largest PCB and PLP facility in North America.
