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Grimes County is giving the go-ahead for Elon Musk’s SpaceX to build what may be the world’s largest computer chip-making facility.
County commissioners voted 4-1 on Wednesday to grant SpaceX property tax breaks and a tax increment reinvestment zone for the 55-billion-dollar project east of College Station.
SpaceX will pay the county 10 million dollars upfront, plus 20 million dollars a year for the next 35 years. More than 100 locals attended Wednesday’s meeting, and not all of them were in favor of the six-thousand-acre project.
