SpaceX Eyes $119B Texas Chip Plant as Musk Moves to Lock Down AI Supply

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2026.05.06 11:50
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Elon Musk's SpaceX is planning a $119 billion chip plant in Texas, as detailed in a public notice from Grimes County. The facility aims to create a vertically integrated semiconductor manufacturing site to support SpaceX, Tesla, and Musk's AI initiatives. This project is part of Musk's Terafab plan, emphasizing the critical need for chips in their operations.