SpaceX Proposes $55 Billion Terafab Semiconductor Facility in Texas

Elon Musk's SpaceX has filed plans for a $55 billion semiconductor manufacturing facility, named Terafab, to be built in Grimes County, Texas. The project is part of an effort to secure advanced chip production and reduce reliance on external suppliers like Samsung and TSMC.

By Reuters Wed, May 6, 2026 at 1:17 PM GMT+3 2 min read · Yahoo Finance ·

SpaceX Proposes $55 Billion Terafab Semiconductor Facility in Texas

Tickers: $TSLA

Topics: AI infrastructure IPO planning M&A activity semiconductors

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