Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas
2 sources·Updated August 7, 2026
Covered by 2 sources
- The Print World·21h agoSpaceX to build USD 16.8 billion chip plant in Texas, create over 3,000 jobs
Houston, Aug 7 (PTI) Aerospace major SpaceX and electric vehicle maker Tesla are investing USD 16.8 billion to build ‘Terafab’, an advanced AI semiconductor complex in Texas, designed to narrow a looming gap in global chip supply, according to official statements. The first…
Read at The Print World → - TechCrunch·1d agoTesla 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.
Read at TechCrunch →