Topic
Texas Economy
10 stories related to this topic, newest first.
teslarati.comfinance8 days ago
SpaceX June 12 IPO at $1.8 Trillion Valuation to Generate California Tax Revenue
SpaceX plans to sell 555.6 million shares at $135 each in its June 12 IPO, raising about $75 billion. Thousands of employees living and working in California will face state income taxes on gains, while Texas collects none.
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cnbc.comworld27 days ago
Texas Beef Prices Reach Record High, Prompting Some BBQ Restaurant Closures
The average retail price for beef reached $9.64 per pound in April, up 13 percent from the prior year. Several Texas barbecue restaurants have closed or announced plans to close amid sustained high costs.
rnz.co.nzfinance36 days ago
Census Data Shows Five Fastest-Growing U.S. Cities All Located in Texas
New Census Bureau figures released Thursday indicate Celina, Fulshear, Princeton, Melissa and Anna led the nation in population growth rates between July 2024 and July 2025. All five cities have fewer than 65,000 residents and lie in the outer rings of the Dallas-Fort Worth and H…
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cnbc.comworld37 days ago
Toyota Files to Expand Texas Truck Factory, Adding 2,000 Jobs
Toyota has filed for approval to build a new manufacturing facility in Bexar County, Texas, as an expansion to its existing truck factory. The project would create 2,000 new jobs with construction targeted for completion by 2029. The move comes as President Trump pressures carmak…
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Fox Newsbusiness40 days ago
Texas Governor Promotes State to Businesses Leaving New York
Texas Gov. Greg Abbott is encouraging businesses and executives to relocate from New York City as Mayor Zohran Mamdani advances policies including higher taxes on high-value properties. A spokesperson for the governor highlighted Texas' lack of state income tax and pro-growth reg…
cnbc.comfinance44 days ago
Apollo Plans Second Headquarters in Florida or Texas
Private equity firm Apollo is preparing to establish a second headquarters in either Florida or Texas, with a formal announcement expected within weeks. The move follows an internal memo signaling growth outside New York and comes as Citadel CEO Ken Griffin announced plans to exp…
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benzinga.comai45 days agoUpdated
SpaceX to Build $55 Billion AI Chip Factory in Texas
SpaceX is planning to invest at least $55 billion to build a semiconductor factory called Terafab in Texas that will produce AI chips for both SpaceX and Tesla. The total investment could reach $119 billion if additional phases are built. The project aims to support up to 200 gig…
electrek.cotechnology46 days ago
SpaceX Terafab Chip Factory in Texas Estimated to Cost Up to $119 Billion
Filings show the first phase of the semiconductor manufacturing facility in Grimes County would cost $55 billion, with the full project potentially reaching $119 billion. The multi-phase plant is intended to produce chips for multiple companies including Tesla, SpaceX and xAI, wi…
qz.comai46 days ago
SpaceX Files Plans for $55 Billion Chipmaking Facility in Texas
The company filed plans for a semiconductor manufacturing site known as Terafab that aims to produce more than one terawatt of AI compute capacity per year. The project, developed by SpaceX, Tesla, and xAI, would be located in Grimes County, Texas. Local officials are scheduled t…
androidauthority.comtechnology58 days ago
Samsung Holds Equipment Move-In Ceremony at $37 Billion Texas Chip Plant
Samsung Electronics conducted an equipment move-in ceremony at its Taylor, Texas facility on April 24, 2026, marking the installation of chipmaking machines set to produce silicon for Tesla and others later in the year. The event follows a two-year delay since groundbreaking in l…
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