AI

SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas

May 06, 2026 - 19:30
SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas
SpaceX, Elon Musk's space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Texas, according to a filing with Grimes County.

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