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@SawyerMerritt

NEWS: SpaceX has shared that between 2024-2026, it boosted gross economic output by $13 billion in the Rio Grande Valley area around Starbase. SpaceX: • Economic Output and Taxes: Projected $13 billion dollars in gross output from 2024-2026, with over $350 million dollars in indirect taxes supporting schools, services, and infrastructure. • Job Creation: Over 4,000 current full-time jobs (70% local) – with an expected increase of 100% to ~8,000 in 2026 – supporting 24,000 local jobs overall and providing opportunities for non-degree holders to advance. Additionally, the relocation of SpaceX’s headquarters to the area signals long-term investment in the Rio Grande Valley, with plans for thousands more jobs, workforce training, and public-private collaborations for aerospace growth. • Regional Benefits: Enhances tourism, high-skill manufacturing/engineering roles, and multimodal transportation while also contributing to beach restoration and public access at Boca Chica Beach.

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