SpaceX has placed a turnkey order with Singulus Technologies for a production line of heterojunction solar cells, the company disclosed on Tuesday. The first system, destined for the Starmind satellites, carries a value north of EUR 60 million, with delivery slated for the first half of 2027.
More lines are on the drawing board, according to Singulus. They would underpin an expansion to more than 100 GW of production equipment — a figure the supplier is careful to describe as capacity for manufacturing gear, not a confirmed annual output rate.
That hardware commitment sits alongside a far larger financial undertaking in Texas. Reuters reported on Monday that SpaceX intends to build a gas-fired power plant paired with a high-performance data center in Starbase, with estimated capital outlays of $24 billion for the initial project phases. The Starbase city commission is due to weigh a property tax abatement and an associated economic development agreement on December 9.
A Booster, a Catch Attempt and a Balance Sheet
The infrastructure blueprint emerged just as SpaceX said it had moved Super Heavy booster 22 to the launch site at Starbase on Tuesday, setting the stage for a planned dual catch attempt during the upcoming Starship test flight. Both the ship and the booster are meant to return to the pad and be caught.
Stifel analyst Jonathan Siegmann reaffirmed a Buy rating and a $190 price target on Monday, tying his view to the coming test flight and to a potential edge for SpaceX should permitting for terrestrial data centers slow down. That argument only holds if slower approvals genuinely hand the company a usable advantage — a caveat Siegmann himself raises.
Should investors sell immediately? Or is it worth buying SpaceX?
The December 9 hearing therefore carries weight beyond local politics. Tax relief and the development agreement form part of the project’s framework, and the terms hammered out there could sharpen the shape of the venture. A headline investment figure, on its own, is a weak signal until the conditions of execution come into focus.
Spectrum Paperwork Meets a Qualcomm Deal
On the connectivity side, the Federal Communications Commission has accepted applications from Starlink Spectrum Holdings to take control of 546 paired licenses in the 800 MHz band, acquired from NewLevel IV, a Grain affiliate. That acceptance opens the formal regulatory review.
Running in parallel is the multi-year arrangement with Qualcomm, announced on November 4, under which the chipmaker will supply radio technology, baseband units and software for Starlink Mobile’s planned nationwide terrestrial 5G network. Tens of thousands of U.S. sites fall within the scope, and SpaceX aims to kick off the buildout in 2027.
Each of these strands — satellite solar tooling, a Texas power-and-compute complex, spectrum transfers and a vendor pact — needs a credible route from announcement to delivery. Technical milestones and infrastructure spending should reinforce one another economically; sizing a valuation purely on the scale of pledged investment would be a shakier proposition.
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