SpaceXAI is exploring at least one gigawatt-scale data center campus in Texas, scouting sites in Austin, Bastrop, and Conroe, according to a report from The Information published July 22. The facility would match or exceed the company's existing Memphis Colossus complex, which houses roughly 555,000 Nvidia GPUs across approximately 2 GW of capacity. Job postings for data center development leads and construction roles in the Texas locations signal active site selection, though no ERCOT filings or permits have surfaced as of July 23, 2026. The company is considering both ground-up construction and retrofitting existing warehouses. SpaceXAI already leases compute capacity to Anthropic and Google from its Memphis facilities, generating recurring revenue alongside its Grok AI products. Morgan Stanley projects SpaceXAI will burn approximately $120 billion across 2026-2027, driven primarily by infrastructure investment. The company went public on the Nasdaq in June 2026 under the ticker SPCX at $135 per share in what was the largest IPO in history, raising $75 billion.