<p>SpaceX is building a new factory in Texas for its satellite-based broadband service Starlink, according to a job posting from the company, as billionaire entrepreneur Elon Musk continues to invest in the southern U.S. state.</p>.<p>Musk, who leads several futuristic companies, including Tesla Inc, Neuralink and Boring Co, moved to the Lone Star State from California in December to focus on the electric-car maker's new plant in the state and his SpaceX venture.</p>.<p>Earlier on Tuesday, Musk tweeted, "Creating the city of Starbase, Texas," without elaborating further.</p>.<p>SpaceX did not immediately respond to a request for comment.</p>.<p>However, the company's job posting for a Starlink engineer said it was breaking ground on a "new, state-of-the-art" manufacturing facility in Austin, Texas to keep up with global demand.</p>.<p>The Starlink venture, a planned network of tens of thousands of satellites in low-earth orbit, aims to offer fast internet speeds globally.</p>.<p>The Tesla CEO had said earlier that Starlink, currently based in Redmond, Washington, will be a crucial source of funding for his broader plans like developing the Starship rocket to fly paying customers to the moon and eventually trying to colonize Mars.</p>
<p>SpaceX is building a new factory in Texas for its satellite-based broadband service Starlink, according to a job posting from the company, as billionaire entrepreneur Elon Musk continues to invest in the southern U.S. state.</p>.<p>Musk, who leads several futuristic companies, including Tesla Inc, Neuralink and Boring Co, moved to the Lone Star State from California in December to focus on the electric-car maker's new plant in the state and his SpaceX venture.</p>.<p>Earlier on Tuesday, Musk tweeted, "Creating the city of Starbase, Texas," without elaborating further.</p>.<p>SpaceX did not immediately respond to a request for comment.</p>.<p>However, the company's job posting for a Starlink engineer said it was breaking ground on a "new, state-of-the-art" manufacturing facility in Austin, Texas to keep up with global demand.</p>.<p>The Starlink venture, a planned network of tens of thousands of satellites in low-earth orbit, aims to offer fast internet speeds globally.</p>.<p>The Tesla CEO had said earlier that Starlink, currently based in Redmond, Washington, will be a crucial source of funding for his broader plans like developing the Starship rocket to fly paying customers to the moon and eventually trying to colonize Mars.</p>