Elon Musk's SpaceX secures 100% property tax exemption for planned $55 billion Terafab semiconductor factory in Texas — county approves 35-year deal worth hundreds of millions despite resident backlash

SpaceX secures 35-year full tax exemption for $55B TeraFAB semiconductor plant in Texas.

“SpaceX has secured a 35-year, 100% property tax abatement for its proposed $55 billion TeraFAB semiconductor facility in Texas. Elon Musk argues the exemption is…”