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SpaceX is hiring a natural gas trader to build a new trading team, supporting its growing fuel and power needs including a planned gas-fired power plant for a Texas semiconductor facility.
The move aims to secure fuel and power for SpaceX's operations, including a massive semiconductor manufacturing facility it is developing in Texas with Tesla. SpaceX's Starship rocket uses super-chilled methane as propellant, making direct control over natural gas supply crucial for managing pricing and supply risks. This strategy aligns with Elon Musk's preference for controlling every step of production to cut costs and insulate launch economics from energy-market volatility.
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