On the eve of SpaceX's record-setting IPO, the company wins tax breaks for a chip project in Texas, USA

Despite fierce opposition from local residents, who warn that the development could strain local resources and disrupt the tranquility of this rural community, the project stands at the core of SpaceX's efforts to expand its business beyond rockets and satellite communications into advanced computing infrastructure and domestic chip production. Investors regard these ambitions as key pillars for the company's future growth. Read more