IBOV 206,505.98 ▼ 0.18% IPSA 10,966.21 ▼ 0.49% IPC MEX 66,790.35 ▼ 0.26% MERVAL 2,835,843 — 0.00% COLCAP 2,582.29 ▲ 0.46% BVL PERÚ 60,511.74 ▼ 1.60% USD/BRL5.03▲ 0.04% USD/MXN18.44▼ 0.33% USD/CLP984.93▲ 0.25% USD/COP3,180▼ 0.26% USD/PEN3.44▲ 0.22% USD/ARS1,513▼ 0.02% USD/UYU40.20▲ 3.25% USD/PYG5,684▲ 3.29% USD/BOB11.65▲ 2.18% USD/DOP61.11▼ 0.03% USD/CRC449.35▲ 1.80% USD/GTQ7.64▲ 3.17% USD/HNL26.86▲ 0.35% USD/NIO36.62▼ 0.07% USD/VES876.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.81% EUR/BRL5.65▲ 0.38% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,505.98 ▼ 0.18% IPSA 10,966.21 ▼ 0.49% IPC MEX 66,790.35 ▼ 0.26% MERVAL 2,835,843 — 0.00% COLCAP 2,582.29 ▲ 0.46% BVL PERÚ 60,511.74 ▼ 1.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, October 15, 2026

World-News North America

Starbase: Elon Musk Wins Vote to Create Corporate City in SpaceX Launch Region

By · May 5, 2025 · 2 min read

Voters in South Texas approved the creation of America’s newest municipality on Saturday, May 3, granting Elon Musk’s vision of a SpaceX company town official status.

The election results revealed overwhelming support with 212 votes in favor and only 6 against among the 283 eligible voters. The newly incorporated Starbase spans approximately 1.5 square miles at the southernmost tip of Texas, adjacent to the Mexican border.

This area serves as the critical testing and launch site for SpaceX’s Starship rocket program, which operates under contracts with NASA and the Department of Defense.

Most eligible voters in the election were SpaceX employees, who make up the majority of the area’s estimated 500 residents. The land itself is predominantly owned by SpaceX or its employees, creating a unique corporate-controlled urban environment.

Bobby Peden, SpaceX’s vice president of testing and launches, ran unopposed and secured election as Starbase’s inaugural mayor. All city commissioners also have direct ties to the company, cementing SpaceX’s governance over the municipality.

Starbase: Elon Musk Wins Vote to Create Corporate City in SpaceX Launch Region
Starbase: Elon Musk Wins Vote to Create Corporate City in SpaceX Launch Region.
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SpaceX Pushes for City Incorporation to Boost Starbase Growth

Musk first proposed transforming the area into a city in 2021 but faced regulatory hurdles. The successful vote represents a significant business win for the entrepreneur during a challenging period for his other ventures, including Tesla’s reported profit struggles.

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SpaceX officials have indicated that municipal status will enhance operational efficiency. The company aims to increase its annual rocket launches from five to twenty-five.

It also seeks direct control over beach closures, which are currently regulated by Cameron County. “We need the ability to grow Starbase as a community,” wrote Starbase General Manager Kathryn Lueders when requesting the ballot measure in 2024.

Legislation is moving forward in parallel to shift beach closure authority to the new city government. Critics worry that the incorporation expands corporate control over public resources.

They argue it could limit access to beaches and parks that local families have enjoyed for generations. Supporters tout economic development and space innovation as counterbalancing benefits to the region.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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