Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas
After months of speculation, the companies formally announced the massive project will happen just north of Houston.
2 sourcesHeat 1.8Updated Aug 6
Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas
2 articles from TechCrunch, Business Insider.
News Clarion synthesisAcross 2 sources
Tesla and SpaceX announced plans to build a massive semiconductor chip factory called Terafab in Texas, north of Houston. The initial construction phase will cost $16.8 billion, with the companies planning additional phases at higher costs. The project comes after months of speculation about the facility.
AI-generated summary of 2 source articles. Not original reporting — every claim links to its source below.
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Here's how SpaceX imagines its massive Terafab chip factory will look
SpaceX said the initial construction phase of its Terafab semiconductor chip factor will cost $16.8 billion, with future phases costing "much higher."