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Musk's Terafab plans to spend as much as $119B in Texas
Terafab is coming to Texas, and it's spending big. SpaceX plans to splash out $55 billion building a new chipmaking plant in Grimes County, according to a newly posted public notice. Elon Musk's chip-production moonshot could ultimately spend as much as $119 billion "if additional phases of the project are completed." Terafab, a joint venture between SpaceX and Tesla, aims to boost semiconductor production to a level that can one day support a terawatt of computing power annually. A public hearing on the matter is scheduled for June 3.
SpaceX Proposes Massive Semiconductor Facility in Texas Elon Musk expands vertical integration with ambitious chip manufacturing plans Elon Musk’s SpaceX has unveiled plans for a major semiconductor manufacturing project in Texas, proposing an initial...
