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Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.

Summary by Business Insider
Oracle executive chairman and CTO Larry Ellison at the White House to announce Project Stargate with President Donald Trump.Elizabeth Frantz/REUTERSThe Abilene City Council approved a tax abatement for Crusoe's data center campus in Texas.Business Insider obtained a copy of the agreement via a public records request.Crusoe, the data center developer, could get an 85% property tax break.The developer of the first Stargate data center in Abilene, …

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Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.

Oracle executive chairman and CTO Larry Ellison at the White House to announce Project Stargate with President Donald Trump.Elizabeth Frantz/REUTERSThe Abilene City Council approved a tax abatement for Crusoe's data center campus in Texas.Business Insider obtained a copy of the agreement via a public records request.Crusoe, the data center developer, could get an 85% property tax break.The developer of the first Stargate data center in Abilene, …

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Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free

Oracle executive chairman and CTO Larry Ellison at the White House to announce Project Stargate with President Donald Trump. Elizabeth Frantz/REUTERS The Abilene City Council approved a tax abatement for Crusoe's data center campus in Texas. Business Insider obtained a copy of the agreement via a…

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Business Insider broke the news in United States on Saturday, April 5, 2025.
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