• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
James Kennedy’s Pregnant Girlfriend Jordan Meyers Debuts Baby Bump on 1st Red Carpet Together

James Kennedy’s Pregnant Girlfriend Jordan Meyers Debuts Baby Bump on 1st Red Carpet Together

June 12, 2026
Clinton judge warns Trump DOJ not to ‘play possum’ on .2B Anti-Weaponization Fund

Clinton judge warns Trump DOJ not to ‘play possum’ on $1.2B Anti-Weaponization Fund

June 12, 2026
STOP! THAT! TRAIN! Cast Share Which Broadway Stars They Want in Their Train Cabin

STOP! THAT! TRAIN! Cast Share Which Broadway Stars They Want in Their Train Cabin

June 12, 2026
California Democratic Party under fire for ‘you’re not allowed to watch’ World Cup post

California Democratic Party under fire for ‘you’re not allowed to watch’ World Cup post

June 12, 2026
Mike Waltz says Gulf allies back Trump’s Iran pressure campaign after regional trip: ‘Zero daylight’

Mike Waltz says Gulf allies back Trump’s Iran pressure campaign after regional trip: ‘Zero daylight’

June 12, 2026
Facebook X (Twitter) Instagram
Just In
  • James Kennedy’s Pregnant Girlfriend Jordan Meyers Debuts Baby Bump on 1st Red Carpet Together
  • Clinton judge warns Trump DOJ not to ‘play possum’ on $1.2B Anti-Weaponization Fund
  • STOP! THAT! TRAIN! Cast Share Which Broadway Stars They Want in Their Train Cabin
  • California Democratic Party under fire for ‘you’re not allowed to watch’ World Cup post
  • Mike Waltz says Gulf allies back Trump’s Iran pressure campaign after regional trip: ‘Zero daylight’
  • Why your new AC is struggling to keep your house cool
  • At least 1 killed, 10 injured in shooting in Midland, Texas; suspect dead, officials say
  • US withdraws long-range military capabilities from NATO
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » As SpaceX IPO launches, Texans near its Starbase HQ offer mixed opinions of the rocket company
News

As SpaceX IPO launches, Texans near its Starbase HQ offer mixed opinions of the rocket company

staffstaffJune 12, 20261 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
As SpaceX IPO launches, Texans near its Starbase HQ offer mixed opinions of the rocket company

SpaceX’s headquarters in Starbase, Texas, which sits at the state’s southern tip in the Rio Grande Valley, emerges almost unexpectedly after miles of long, dusty dirt roads.

Before SpaceX arrived, the area was known primarily for its coastal wildlife, especially bird watching. Locals say there were a few dozen homes, mostly winter residences for retirees, while the nearest major city, Brownsville, is more than 20 miles away on the border with Matamoros, Mexico.

The cities are a study in contrasts. Starbase is a company town. Its residents are largely transplants from cities like Austin and San Francisco who come not for the birds but for the work. Brownsville’s predominantly Latino population works mostly in farming and shrimping.

Yet Starbase and Brownsville also share resources, with some SpaceX employees living in Brownsville, which has a population of roughly 192,000, and sending their children to school in the city. 

SpaceX employ over 4,000 workers at its Starbase facilities, with roughly 70% coming from the local area, according to company records. The company plans to nearly double that workforce to around 8,000 employees this year. 

SpaceX’s growth took a major leap forward on Friday when its shares went public in the largest-ever initial public offering. The IPO instantly lifted the company’s market value to more than $2 trillion and made SpaceX founder Elon Musk the first person to be worth at least $1 trillion. 

SpaceX’s Starship 39 rocket launches from the company’s Starbase facility during a test flight, as seen from South Padre Island, Texas, on May 22, 2026. 

RONALDO SCHEMIDT /AFP via Getty Images


Marco Colorado, who owns El Buen Pescador restaurant in nearby Port Isabel, Texas, said SpaceX has been good for business, bringing employees from the company along with other visitors drawn to the area by the rocket launches. 

“Whenever there’s a launch or an event going on, we get flooded,” Colorado said. He noted the SpaceX crowd is easy to spot — they often pull up in Tesla vehicles. 

At Double Day Bar of Champions, a restaurant and bar in nearby Port Isabel, Texas, that also hosts a sports paraphernalia museum, owner Mikael Hinojosa has seen a similar surge. 

Hinojosa described the SpaceX-driven business as “a new type of tourism.” On rocket launch days, patrons gather on the patio to watch liftoffs, then move indoors to follow along on TV as the rockets tear through the sky.

US-ENVIRONMENT-STARBASE-SPACEX-MUSK

View of SpaceX’s headquarters outside Brownsville, Texas, on May 28, 2025. 

SERGIO FLORES/AFP via Getty Images


“It’s been positive for the business, but there’s a downside to it. In our museum, cannonballs fall over when there’s a launch. We don’t want to ruin the tourism we already had,” Hinojosa said.

Others in Brownsville are more openly critical of the impact Starbase and SpaceX have had on the local community. Environmental activist group Save RGV (for Rio Grande Valley) contends the company’s rocket launches have left nearby homes covered in debris, disrupted native wildlife and harmed air quality. 

Etienne Rosas, a Brownsville native who ran for Congress earlier this year in Texas’s 34th district, also said SpaceX’s growth has triggered a surge in housing prices throughout the Rio Grande Valley as employees bought homes. In 2026, the average home price in Brownsville is $196,920, up nearly 75% from $112,705 in 2018, according to Zillow.

“While SpaceX has created more economic momentum, there’s been a huge gap widening in equality,” he said.

SpaceX did not respond to a request for comment.

SpaceX’s arrival has also reshaped downtown Brownsville, drawing new investment and development aimed at a tech-oriented demographic. Yet Rosas said the jobs and investment have come at a cost to families who have lived in the region for generations. 

“Brownsville had a certain dynamic pace, and now that’s gone,” he said.

Edited by

Alain Sherter

In:

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

At least 1 killed, 10 injured in shooting in Midland, Texas; suspect dead, officials say

At least 1 killed, 10 injured in shooting in Midland, Texas; suspect dead, officials say

Spencer Pratt responds to L.A. mayoral race loss in new video, says ‘it’s war’

Spencer Pratt responds to L.A. mayoral race loss in new video, says ‘it’s war’

Police in California spot body of 5-year-old swept out to sea

Police in California spot body of 5-year-old swept out to sea

Austin Metcalf family facing threats, financial strain as Karmelo Anthony fundraising draws scrutiny

Austin Metcalf family facing threats, financial strain as Karmelo Anthony fundraising draws scrutiny

Suspect sought after teen beaten into coma following Knicks Game 4 win outside Madison Square Garden

Suspect sought after teen beaten into coma following Knicks Game 4 win outside Madison Square Garden

Teen accused of killing elderly couple has brothers who allegedly shot deputy cops say ‘will never walk again’

Teen accused of killing elderly couple has brothers who allegedly shot deputy cops say ‘will never walk again’

Which retirement assets are most vulnerable in a debt lawsuit?

Which retirement assets are most vulnerable in a debt lawsuit?

Active shooting incident in Midland, Texas, leaves 1 dead, multiple others injured

Active shooting incident in Midland, Texas, leaves 1 dead, multiple others injured

US moving forward with signing ceremony plans, but deal still needs final approval from Iran, sources say

US moving forward with signing ceremony plans, but deal still needs final approval from Iran, sources say

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?