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

The story

The project would be a "multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility," according to the proposal.
From the source
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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.
Where to follow next
- Read the full piece at techcrunch.com
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