SpaceX may spend up to $119B on Terafab chip factory in Texas

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1 min readSource: techcrunch.com
SpaceX may spend up to $119B on Terafab chip factory in Texas
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SpaceX may spend up to $119B on Terafab chip factory in Texas

The project would be a "multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility," according to the proposal.

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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 Grimes County, Texas, according to a proposal on the county website.

The company estimates it may spend a total of $119 billion on the project, which would be a multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility, according to the filing.

Who and what

Key names and topics in this story: SpaceX, Terafab, Texas.

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SpaceX may spend up to $119B on Terafab chip factory in Texas
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