SpaceX has just officially announced plans to invest more than $74 billion to build two massive AI supercomputing facilities in Texas and Arizona. • $24 billion facility near Starbase, Texas • $50 billion campus in Cochise County, Arizona • More than 10,000 construction jobs • Over 1,500 permanent jobs • $220 million investment in Brownsville water infrastructure The facilities will train advanced AI systems and help develop technologies for future space-based computing.

SPACEX SHARES RISE 4% AS MUSK-HUANG PARTNERSHIP SPECULATION GROWS SpaceX shares climbed around 4% Thursday as investors speculated that former Nvidia ($NVDA) CEO Jensen Huang could join forces with Elon Musk. Asked about hiring Huang, Musk replied on X: “That would be an honor.” The two already have business ties involving Nvidia chips for SpaceX's orbital data center ambitions, while Huang has praised Musk's Terafab semiconductor project. No offer or negotiations have been confirmed, and Huang has not indicated his next move. A potential alliance could reshape the race for AI infrastructure, but remains entirely speculative.

SpaceX has landed a $9.9 million Pentagon contract to study its laser technology for use in US missile warning and tracking systems. The deal, awarded through the Space Development Agency, includes a risk-reduction study, delivery of representative hardware and support for integrating the technology into military systems. The work is expected to be completed by October 2027.

SpaceX's Starlink is getting significantly faster across the U.S., while also attracting more customers from traditional DSL, cable, and fixed wireless providers, according to a new Ookla report. Highlights: • Starlink urban users are also growing faster than rural users. • Median upload speeds surged 42% year-over-year, from 14.63 Mbps in 1H 2025 to 20.73 Mbps in 1H 2026, and improved in all 50 states and D.C., with gains ranging from 25% to 70%. • The number of Starlink Speedtest users testing in urban areas grew at more than twice the rate of rural users from 1H 2025 to 1H 2026. Urban users grew faster than rural users in every state but Alaska and Hawaii. • Starlink latency improved in nearly every state. Median multi-server latency improved year-over-year in 49 states and Washington, D.C. SpaceX's next-gen Starlink V3 sats will help improve speeds and latency significantly. Full report: