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Tax Incentives & Local Government Approval
The project requires approval from two small Texas school districts (Anderson-Shiro CISD and Iola ISD) under Texas's JETI program. SpaceX filed eight applications for tax incentives, with the $119B figure revealed as only a good-faith estimate rather than a binding commitment.
Elon Musk's $119B Terafab SHOCK: 2 Tiny School Boards Hold Its Fate
Tech RevolutionSmall rural school boards hold fate of $119B project
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Elon Musk's $119B Terafab SHOCK: 2 Tiny School Boards Hold Its Fate
Tech Revolution$119B is estimate, not commitment
Watch Clip →