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[ARTICLE · art-21043] src=ft.com pub= topic=ai-chips verified=true sentiment=· neutral

SpaceX wins tax exemption for $55B AI chip plant despite local backlash

SpaceX secured a tax exemption for a $55 billion artificial intelligence chip manufacturing plant, despite local opposition. The deal grants the company significant financial incentives for the facility, which is expected to create thousands of jobs but has drawn criticism from community groups over environmental and economic concerns.

read1 min publishedJun 4, 2026

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