Technology

SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas

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 Texas, according to a filing with Grimes County.
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 Texas, according to a filing with Grimes County.

This article was originally published at: https://techcrunch.com/2026/05/06/spacex-may-spend-up-to-...