Sawyer Merritt(@SawyerMerritt):Today, SpaceX received approval from Grimes County, Texas for huge tax breaks for the company's Terafab project. The tax abatement would give SpaceX a full exemption on property taxes tied to the project. County leaders have framed the Terafab proposal as a potentially transformative moment for Grimes County. Judge Joe Fauth called it a “generational change." Grimes County commissioners voted 4-1 to grant the company a tax increment reinvestment zone and tax breaks for the $55 billion project east of College Station. More info:

Sawyer Merritt

@SawyerMerritt

EVs/space/tech. Bringing you the latest news in a single, easy-to-read feed. $TSLA investor & Model Y owner.

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Sawyer Merritt@SawyerMerritt

9hours ago

Today, SpaceX received approval from Grimes County, Texas for huge tax breaks for the company's Terafab project. The tax abatement would give SpaceX a full exemption on property taxes tied to the project. County leaders have framed the Terafab proposal as a potentially transformative moment for Grimes County. Judge Joe Fauth called it a “generational change." Grimes County commissioners voted 4-1 to grant the company a tax increment reinvestment zone and tax breaks for the $55 billion project east of College Station. More info:

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