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"48 Hours" schedule: Live, DVR, and on demand Rory McIlroy wins second straight Masters Tournament Brian Hooker sent friends maps that he says show where his wife went missing in Bahamas Iran's parliament speaker says U.S. will be "nostalgic" for $4 gas as oil prices fuel inflation Democratic Rep. Eric Swalwell ends bid for California governor as he faces sexual assault allegations Trump says U.S. will blockade Strait of Hormuz after Iran peace talks collapse DHS looking into allegations Rep. Eric Swalwell hired nanny not authorized to work in U.S. Fallout from Eric Swalwell scandal grows as lawmakers eye House expulsion votes Rory McIlroy claims second straight Masters title Brian Hooker shared maps he says show where his wife went missing in the Bahamas Manhattan DA investigating sexual assault allegations against Rep. Eric Swalwell Extended interview: Sen. Dave McCormick on AI Trump says U.S. will blockade Strait of Hormuz and intercept ships that paid tolls to Iran Few see U.S. goals being met in Iran yet; Americans voice worry and stress in CBS News poll Hungarian Prime Minister Viktor Orbán concedes defeat in key election, ending 16 years in power Ukraine, Russia accuse each other of violating Putin's Orthodox Easter ceasefire Kimberly Langwell's Hidden Grave Decades after a Texas mom's disappearance, a tip leads to the location of her secret grave Kids, adults alike watch Artemis II crew's splashdown in San Diego JD Vance says U.S. and Iran did not come to a deal after marathon session Artemis II astronauts welcomed home to Houston after historic moonshot Artemis II crew returns to Houston after successful mission Artemis II astronauts speak publicly for first time since successful moon mission Federal appeals court sends White House ballroom construction lawsuit back to lower court Pope Leo criticizes "idolatry of self" in latest rebuke of Iran conflict: "Enough with war!" Iran reportedly proposes tolls for ships crossing Strait of Hormuz How Persian Gulf nations are reacting to the U.S. and Iran's temporary ceasefire U.S. naval destroyers have crossed the Strait of Hormuz, CENTCOM says Trump says U.S. is "clearing out" the Strait of Hormuz as U.S., Iranian officials meet in Pakistan Risk on the Road | Sunday on 60 Minutes
As SpaceX IPO launches, Texans near its Starbase HQ offer...
By Maya Blackstone · 2026-06-13 · via Home - CBSNews.com

/ CBS News

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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

US-SPACE-AEROSPACE-SPACEX-STARSHIP
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.

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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

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