Musk’s SpaceX makes MASSIVE $74 billion data centers investment despite voter backlash

than the show now to a story. that we mentioned earlier okay spacex's massive. investment in data center development. the company is now putting 24 billion dollars. into a texas facility and 50 billion. into an arizona facility totaling 74 billion. dollars total okay the group chat is still here. let's be clear the american people voted did. not did not vote to end ai. or data centers right soon after the election. talarico even tweeted at elon musk.

like you stay out of business politics let's. get to business is there a lane where you're. actually going to see them working together. in this case musk is saying i'm doing it. on my land i'm bringing my own power that's fine. that's great as long as they're data centers i. think the issue was first of all data centers. became the proxy for all the angst. about ai jobs whatever the billionaires. wandering into the white house now it's. about how much development should we do. and how should it be done if there's no ndas. closed water systems electrical. guarantees electric price guarantees all manner.

of things not filthy elon started the mess. by creating the memphis situation and so sure. if he wants to pay for it and and it's it's. environmentally sound which he. has some history of having problems. with that but if he does that and he cooperates. with the state and there's no ndas. and the citizens get to decide. with him that's fine then is this a clear. opportunity for democrats to actually. show who's boss right take you back take. us back one week ago when we saw the market fall. out of bed on the notion that.

like uh-oh there's blue now you've got. a democratic governor in texas you have one. in ohio they're going to stop these is. is this the lane for hinojosa. and others to say hold on a minute it is not. all or nothing let's actually do something. and actually prove themselves and actually. communicate it to be the pro-business party. which what republicans did the last two days. two years was not pro-business it was pro. a certain group for a magazine slice I think. so yes I also don't think and I'm curious what Kara.

thinks I don't think. you're going to have some a massive AI. regulation bill come. through Congress the pieces aren't there. for that but I do think that you might see. something resembling the ratepayer protection. act that died in the Senate. but something that looks at kind. of cost-of-living concerns connected to tech. whether you're talking about electricity. and water who pays for what that is a lane. that Democrats. are carving out for themselves.

I talked to Greg Kasar who's very outspoken. about AI about this he did not say moratorium. on data centers very pointedly. like they are looking for a way to do something. They recognize the economics. but they also know. that their voters do see data centers. as like an object of hatred. While Josh Hawley is joining progressive. Democrats and calling for a moratorium. A The trace that I hate in the AI universe is. pacing the frontier. But I think there'll be time about pacing. in a different sense here.

I think that's the best outcome of all of this. I think that people across this country were. alarmed at how quickly everything was happening, how little agency they had over. that to bring it back to Jensen Huang. He was, if not the chief cheerleader for that, somebody who was talking endlessly. about the competition with China. and the need for the U .S. to move fast. I think that's what we're going to see here. over these next 18 months. or two years is hopefully cooler minds. OF THE COMPANTS PREVAILING AND THIS BEING DONE. IN A MORE SENSIBLE WAY THAT DEALS WITH A LOT. OF THESE OTHER ANCILLARY POLICY ISSUES THAT COME. WE HAVE TO, LIKE, AMERICANS BELIEVE THESE. THINGS ARE BAD.

BELIEVE. IT DOESN'T MATTER WHETHER OR NOT THEY KNOW. THEY'RE BAD. THEY'RE NOT TALKING ABOUT CLOSED SYSTEMS OR. ANYTHING. THEY BELIEVE THIS IT'S BAD FOR THEM, IT'S BAD FOR THEIR BILLS, IT'S BAD FOR WATER. I LIVE IN THE WEST, BOX ELDER COUNTY. REPUBLICANS OCCUPY BOX ELDER COUNTY WHERE MR. WONDERFUL WANTED TO BUILD THIS. THIS ISSUES CUTS ACROSS REGULAR. BOUNDARIES WHEN IT COMES TO POLITICS,

ESPECIALLY OUT WEST BECAUSE PUBLIC LANDS. I DON'T THINK WE'RE GOING TO WE'RE GOING TO BE. SHORT OF IT. WATER, WE'RE ALWAYS SHORT OF IT OR GOING TO BE. SHORT OF IT. DEPENDS ON WHERE YOU ARE. IF YOU'RE IN MICHIGAN, YOU a very different story. You know, I interviewed the mayor. of East Lansing, Michigan, and he put together a really good. data center package. for the area. It was in an old steel mill, closed-loop water system, away from people, not noise, no ecological issues. And the citizens. I THINK PART OF THIS ELECTION WAS ABOUT THAT, IS THESE BILLIONAIRES RUN RIGHT OVER US.

IT SORT OF FEELS LIKE THE GILDED AGE, RIGHT? AND SO BACK TO YOUR DEMOCRAT THING WHICH IS. I DON'T KNOW IF THEY DO FIND SOMETHING. THAT THEY WANT TO GET DONE WITH DONALD TRUMP. AND IT'S SOME WATERED-DOWN A .I. BILL, LIKE THERE WILL BE AN EVEN WORSE. BACKLASH FOR THEM IN 2028. SO DO THEY HAVE TO SAY TO VOTERS THIS. IS WHAT YOU GET. IT'S NOT LIKE THERE'S A GREAT NARRATIVE OF WHAT. THE DATA CENTER IS FOR. IF THE DATA CENTER EXISTS TO TAKE YOUR JOB, MAKE YOUR LIFE WORSE, MAKE YOUR TEENAGER YOU CAN MAKE.

YOUR TEENAGER SUICIDAL, OKAY, THEN WHAT'S THE POSITIVE? WE ALREADY HAVE DATA CENTERS. VIRGINIA HAS LIKE HUNDREDS AND HUNDREDS. THEY ALL DO AND THEY DO DIFFERENT THINGS AS WELL. AS AMAZON warehouses. This is all happening all across the country. I think it's an idea that these people. are just shoving this at citizens. without their input, and that's what that was. about. And a lot of these activists, and you know some of them, that's exactly what it's about. I didn't. I think if they, if it's participating, it's going to be hard to shift back liking.

And just real quick, the hyperscalers are at the. bottom, but then you have the, the AI guys at the top. on the fancy stages here going, we're going to put millions. of people out of work and maybe we'll end the. world. Right? So it's a strategic. messaging issue. It's a practical issue. Don't worry, you'll be dead.