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Home Videos

Why Space Companies Are Betting Big on Texas

DeFi Daily News by DeFi Daily News
July 15, 2026
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Already home to SpaceX, Blue Origin and recent moon-landers Firefly Aerospace and Intuitive Machines, Texas is quickly becoming the center of the commercial space universe. Through a newly-formed agency, Texas officials have been doling out grants for space-related research, projects and emerging technology. So what does this mean for the “Lone Star State?” And why has it become such a proving ground for the startups of the future?

(Corrects map of Texas throughout video.)

SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town: https://bloom.bg/4bsvut7

The company’s spaceport put Brownsville on the map, but locals fear being priced out by newly rich neighbors.

00:00 How the space sector is changing
01:08 Firefly Aerospace sees success in Texas
02:24 Why Texas appeals to the space industry
04:48 SpaceX history in Texas
06:10 How the state of Texas is now wooing space business
07:08 The changing relationship between industry and NASA
09:45 The SpaceX business model that paved the way

Watch more short documentaries: https://bloom.bg/4wWlMsa

Visually compelling features born out of the Bloomberg newsroom, extended to documentary video.

#Space #Startups #Texas

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Tags: BettingBigBloombergbloomberg documentarybloomberg originalsblue originbusinessbusiness documentarybusiness newsCompaniesDocdocumentaryEconomicsfinancefinancial newsFirefly AerospaceIntuitive MachinesMarketsmini docmini documentaryMoonNewsnews documentarysciencespacespace documentaryspace racespaceracespacexTechnologytexastexas space newstexas space race
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