TokenPost topic
Texas
75 TokenPost stories are tagged Texas. The newest appear first.
Latest Texas stories
- Fermi America Announces 600-Megawatt Capacity Deal With Hyperscaler
The agreement includes a $200 million upfront prepayment and early construction commitments. Fermi did not name the customer.
· Business
- NET Power Framework Caps Potential Reimbursement at $180 Million
The Texas data center project remains under negotiation, and neither side is obligated to sign an energy services agreement.
· Business
- Texas Attorney General-Elect Pledges Scrutiny of Potential Tesla-SpaceX Merger
Johnson warned that concentrated corporate power could pose risks. He and other Democrats won Texas races nine days ago.
· Regulation
- BSR REIT Targets Up to $0.22 Per Unit in FFO Gains by Early 2028
Its New York Stock Exchange listing may add $0.01 to $0.03 per unit in general and administrative costs in 2027.
· Business
- SpaceX Plans $74 Billion AI Computing Buildout in Arizona and Texas
The Texas project includes a gas-fired power plant near Starbase, while Arizona accounts for $50 billion of the planned investment.
· Technology
- Site Preparation Underway at New Era’s Texas Data Center Project
Phase 1 power availability is expected in Q3 2027, with initial ready-for-service targeted for Q4 2027.
· Business
- Texas Lawmakers File Casino Legalization Measures After Election
Republican Rep. Charlie Geren of Fort Worth filed HJR 52 on Nov. 9 as a proposed constitutional amendment.
· Regulation
- Prediction Market Lists Texas Data Center Moratorium Odds at 33% for 2029
The listed odds were 17.5% for July 1, 2027, 21.5% for Jan. 1, 2028, and 1.9% for Jan. 1, 2027.
· Investing
- SpaceX Plans $24 Billion Texas Power and Supercomputing Complex
The estimate covers an initial phase. Starbase's city council has a public hearing on a proposed tax break scheduled for Dec. 9.
· Business
- Texas Bill Would Let Each City and County Invest Up to $10 Million in Crypto
HB 815 would amend the Public Funds Investment Act and require local governments to add crypto assets to written investment policies. If enacted, it would take effect Sept. 1, 2027.
· Regulation
- NRC Approves Construction Permit for Four X-Energy Reactors in Texas
Each Xe-100 unit can generate 80 megawatts of electricity and 200 megawatts of heat.
· Regulation
- Canaan Sets Aside $50 Million in Collateral for Texas Push
The company is advancing two one-gigawatt power projects as third-quarter product revenue fell 96% year over year.
· Business
- Texas Gov.-Elect Hinojosa Proposes Pause on New Data-Center Builds
The proposal would keep new construction on hold until state lawmakers establish rules. CoreWeave's results were scheduled for Nov. 10, while Nebius is due to report Nov. 12.
· Regulation
- Canaan’s Q3 Revenue Falls 90% as Operating Loss Widens to $42.9 Million
The Bitcoin miner posted $8 million in net income after cryptocurrency and derivatives gains, while its mining-machine revenue fell 96%.
· Business
- CoinShares Blockchain Global Equity Index Falls 6.6% in One Week
Cipher Digital, IREN and Hut 8 each lost more than 30% over seven days, while Riot Platforms gained 7.4%.
· Investing
- NRG Discusses Texas Expansion That Could Support 2.4 GW of Data Demand
The existing 1.2-GW gas-fired plant is expected to open in late 2029. No expansion agreement has been completed.
· Business
- Texas Moratorium Odds Span 1.9% to 32% Across Data Center Contract Dates
The listed contracts showed 17.5% odds for July 1, 2027, and 21.5% for Jan. 1, 2028.
· Regulation
- Musk’s TeraFab Seeks Japanese Suppliers for Texas Chip Plants
The project targets a 2027 pilot and a 2032 full-scale plant designed to produce about 1 million wafers a month.
· Technology
- King Yuan Says $1.3 Billion Texas Chip-Testing Plant Stays on Schedule
Gauss Chang said high-volume production remains targeted for April 2027. The planned 27-acre site would include a 507,000-square-foot facility.
· Business
- Last Energy Seeks NRC Approval to Start Texas Reactor Foundation Work
The Oct. 20 filing requests limited work authorization for the planned PWR-20, which is designed to generate about 20 megawatts of electricity.
· Regulation
- Synchronized System Tests Linked to Power-Grid Frequency Dips
Some dips topped 20 millihertz, though the findings described no immediate threat to grid stability.
· Technology
- SpaceX Plans $24 Billion First Phase for Texas Power, Computing Site
The company would build and operate both facilities on about 444 acres east of Brownsville; a city hearing on tax relief is set for Dec. 9.
· Business
- The Bitcoin Historian Praises Abbott, Claims He Put Bitcoin on Texas Balance Sheet
The Nov. 8 post referenced Abbott’s election loss and claimed he was the first U.S. governor to put Bitcoin on a state balance sheet.
· Regulation
- CoreWeave Seeks Texas Data Center Cooperation With Gov.-Elect Hinojosa
The company wants to complete permitted projects responsibly and help establish clear, stable standards for future development.
· Business
- Deutsche Bank Says SpaceX Political Retaliation Risk May Be Overstated
Edison Yu estimated most of SpaceX’s computing capacity would be outside Texas in 2027, at eight to 10 gigawatts.
· Investing
- U.S. Data Center Plans for 2028 and Later Face Greater Regulatory Risk
Most 2027 projects are already underway, while Texas and Georgia are high-risk states. At least $260 billion in U.S. data center investments were canceled in 2026 after sustained local opposition.
· Regulation
- Texas Gov.-Elect Seeks Pause on Possible SpaceX State Park Land Purchase
At her first news conference since winning the election, Gina Hinojosa said she would review the possible acquisition.
· Regulation
- AeternZ Approves $614 Million for Texas Chip-Testing Site
The package includes about $151 million for 200 equipment sets from Hon. Precision. The transaction announcements do not identify a customer for the Fort Worth capacity.
· Business
- Texas Gov.-Elect Gina Hinojosa Says Approved Data Centers Can Finish
The existing approvals cover essentially all projects for 2027 and are likely to continue into 2028.
· Regulation
- Hinojosa Says Texas Must ‘Stop What We Are Doing With Data Centers’
Her campaign platform calls for a moratorium on new data centers and an end to tax breaks for large facilities.
· Regulation
- Galaxy Digital Completes First Phase of Its Helios Project in Texas
Galaxy Digital also focuses on blockchain technology and digital finance.
· Business
- Meta Considers Overseas Data Center Sites Amid U.S. Political Hurdles
The company plans to expand its U.S. data centers, with current projects in Louisiana and Texas involving Hyperion and BlackRock.
· Technology
- AI data center delays worry institutions as builders may balk at a 12-month wait
Ron Biscardi says institutional investors fear data center delays could weaken US AI competitiveness, with developers unlikely to wait 12 months for approvals.
· AI
- Hut 8 CEO Says Texas Vote Leaves Beacon Point Outlook Unchanged
Hut 8 and Cipher Digital shares fell Nov. 4 as the governor-elect called for a pause on new data-center approvals. Both companies have Texas projects awaiting a state grid review.
· Business
- Hinojosa Team Signals Pause in Permits for Texas Data Centers
Hinojosa has sought communications between Greg Abbott and Elon Musk, alleging the state favored Musk in decisions involving water rights, grid commitments and environmental review.
· Regulation
- Texas Moratorium Pledge Could Delay Crypto Projects Awaiting Grid Power
A previously reported large-load queue totaled 474 GW. Estimated values for existing assets at Vistra, NRG Energy and Talen Energy exceeded their Nov. 3 closing prices.
· Regulation
- Tesla and SpaceX Lose More Than $420 Billion After Midterms
Tesla fell about 9% and SpaceX about 11% Thursday afternoon amid a broader technology selloff.
· Investing
- Texas Data Center Pause Proposal Prompts 7 Bitcoin Miner Target Cuts
Gina Hinojosa has called for a halt on new data-center approvals until lawmakers set resident protections. Bernstein lowered its targets by 35% to 54%.
· Regulation
- Riot Shares Rise 9.6% as $28 Billion Texas Lease Takes Effect
The 15-year agreement covers 910 megawatts at Riot’s Corsicana campus, with delivery scheduled in phases beginning in 2027.
· Investing
- Texas Elects James Talarico, a Backer of a Proposed State Bitcoin Reserve
The Democrat voted twice for the proposal, and his record points to growing bipartisan support.
· Regulation