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WSJ Tech News Briefing

To Starbase and Beyond: SpaceX Gets a Town of Its Own

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 6 May 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

For a few years, a section of land in southeast Texas has been dubbed Starbase. It's where SpaceX houses rocket production sites, launch facilities and employee housing. WSJ reporter Micah Maidenberg tells us what a weekend vote to greenlight the town’s official incorporation means for the future of SpaceX. Then: We’ll take you to Dubai, where Token2049 drew crypto industry celebrities and their followers, and ushered in “a new era of freedom” for the battered industry. Host Victoria Craig speaks with reporter Angus Berwick. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This podcast is brought to you by FTI Consulting. How do you prove a song wasn't stolen? How do you create a market out of thin air?

0:08.1

How do you get the largest technology merger over the finish line? Learn more at FTI Consulting.

0:13.7

Experts with Impact. Hey, TNB listeners. Before we get started, a heads up. We're going to be asking you a

0:19.3

question at the top of each show for the next few weeks.

0:22.0

Our goal here at Tech News Briefing is to keep you updated with the latest headlines and trends on all things Tech.

0:27.9

Now we want to know more about you, what you like about the show, and what more you'd like to be hearing from us.

0:33.9

We already asked you about some corners of tech you might be interested in. Now we've got a few

0:38.8

others in mind. Biotech, data science, robotics, let us know what sparks your interest. If you're

0:45.1

listening on Spotify, look for our poll under the episode description, or you can send us an email

0:49.9

to TNB at WSJ.com. Now on to the show.

1:02.1

Welcome to Tech News Briefing. It's Tuesday, May 6th. I'm Victoria Craig for the Wall Street Journal.

1:08.9

Three, two, one, ready for incorporation. Elon Musk's rocket building town gets the green light from voters to make a slice of southeastern Texas

1:11.7

its own self-governing municipality. What's it mean for SpaceX? Then a new era in freedom.

1:18.3

That's how our reporter describes the mood at token 2049, a cryptocurrency conference,

1:23.9

nay, party in Dubai, where industry insiders and their biggest fans gathered last week.

1:29.3

We'll take you there.

1:32.2

But first, 212 to 6. In favor.

1:36.2

That was the final tally of a weekend vote on whether to forge ahead in making Starbase its own fully functioning town.

1:43.0

It's a section of land near Brownsville, Texas,

1:45.4

where Elon Musk's rocket company, SpaceX, has launch facilities and production sites. It's where

1:50.6

the company builds the starship rockets for deep space missions, and there's also housing there

1:55.4

for people who work at those facilities. So what exactly does the vote mean for SpaceX,

...

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