Document: SpaceX proposes a $55B investment to build a Terafab chip facility in Grimes County, Texas, with potential total capital expenditures reaching $119B (Debby Wu/Bloomberg)
SpaceX proposes $55B initial investment for a Terafab chip manufacturing facility in Texas, with potential total capex reaching $119B—signaling major vertical integration into semiconductor production.
Excerpt
<a href="https://www.bloomberg.com/news/articles/2026-05-06/spacex-proposes-55-billion-to-begin-terafab-project-in-texas"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260506/i15.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260506/p15#a260506p15" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Debby Wu / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-05-06/spacex-proposes-55-billion-to-begin-terafab-project-in-texas">Document: SpaceX proposes a $55B investment to build a Terafab chip facility in Grimes County, Texas, with potential total capital expenditures reaching $119B</a></b></span> — Elon Musk's SpaceX is proposing to spend $55 billion to begin construction of a new semiconductor production facility in Texas … </p>
Read at source: https://www.techmeme.com/260506/p15#a260506p15