SpaceX is set to invest more than $280 million in its Bastrop manufacturing facility, and a grant from the new Texas Semiconductor Innovation Fund will help fund the endeavor. Gov. Greg Abbott announced on March 12 that Elon Musk-led SpaceX will get $17.

Gov. Abbott awarded SpaceX a $17.3 million grant for an expansion of their semiconductor research and development (R&D) and an advanced packaging facility in Bastrop.