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.

Governor Greg Abbott said he approved the grant to support the Bastrop facility's expansion, which is expected to create over 400 jobs and $280 million in capital investment.

SpaceX is growing its presence in Bastrop County with a $280 million investment, bolstered by state funds, that’s expected to create more than 400 jobs.

Governor Greg Abbott announced the state would extend a $17.3-million grant to aid the company in growing its Bastrop R&D facility.

The $17.3 million grant was awarded to expand SpaceX's semiconductor research and development and advanced packaging facility.

Starlink, a division of Elon Musk’s rocket company SpaceX that provides satellite internet service across the world, received the second largest grant in a new state fund meant to support the semiconductor business in Texas.

This is part of a $280 million investment in the factory, which currently makes about 15,000 Starlink dishes per day. The money comes from the Texas Semiconductor Innovation Fund.

On Wednesday, Gov. Greg Abbott announced SpaceX will get the fifth Texas Semiconductor Innovation Fund (TSIF) grant of $17.3 million. The money is meant to help with the company's expansion of their semiconductor research and development and advanced packaging facility in Bastrop.