SpaceX has taken a giant leap forward by gaining approval for a Texas reinvestment zone, a crucial milestone for its $119 billion semiconductor manufacturing initiative. This project signals the company's intent to dive into chip development and advanced computing.

ANDERSON, Texas/NEW YORK, June 3 : SpaceX won approval for a reinvestment zone in Texas on Wednesday despite fierce opposition from residents, clearing a key hurdle for a proposed…

ANDERSON, Texas/NEW YORK, June 3 : SpaceX secured tax incentives on Wednesday for its proposed Terafab chip manufacturing project in Grimes County, Texas, despite fierce…