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Terafab Phases 2 and 3 Secure Major Texas Tax Agreements Worth $48B
New signed tax incentive deals for Anderson-Shiro CISD cover Phases 2 and 3 with $23.8B investment each, 10-year abatements, job creation projections, and performance bonds.
Read as thread →"TeraFab secures two major Texas agreements for Phases 2 and 3, representing nearly $48 billion in investment."
— @cb_doge
"Texas has just published a fully signed tax agreement for SpaceX’s TeraFab"
— @cb_doge
Key Points
- Phases 2 (2029-2031) and 3 (2032-2034) each project $23.8B investment
- Combined $47.7B with 1,234 permanent jobs and billions in tax revenue
- 50% market value limitation during incentive periods; performance bonds required