Voters approved the incorporation of Starbase, Texas, officially making SpaceX’s company town a city centered around its launch site. Starbase became a Type C city under Texas law, incorporating SpaceX’s launch facility and nearby company-owned land. All three elected officials are SpaceX employees, including Mayor Bobby Peden, vice president of Texas test and launch operations. The commissioners are Jenna Petrzelka, a former engineering manager, and Jordan Buss, senior director of environmental health and safety. Environmental groups have criticized SpaceX for habitat damage, pollution, and regulatory violations at the Boca Chica site. A post from the new city’s X account said city status would support SpaceX’s mission to build “the future of humanity’s place in space.”
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Voters approved the incorporation of Starbase Texas, officially making SpaceX's company town
00:07a city centered around its launch site. Starbase became a type C city under Texas law,
00:12incorporating SpaceX's launch facility and nearby company-owned land. All three elected officials
00:16are SpaceX employees, including Mayor Bobby Peden, vice president of Texas Test and Launch
00:21Operations. Commissioners are Jenna Perzelka, former engineering manager, and Jordan Buss,
00:27senior director of environmental health and safety. Environmental groups have criticized SpaceX
00:32for habitat damage, pollution, and regulatory violations at the Boca Chica site. A push for
00:39the new city's X account said city status would support SpaceX's mission to build the future of
00:44humanity's place in space. For all things money, visit Benzinga.com slash GSTV.