---
title: "Musk-related shell company exposed for purchasing land in the suburbs of Houston, potential chip factory may be established here"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288457233.md"
description: "According to reports, a shell company associated with Elon Musk has recently purchased property in a rural area outside Houston, Texas, indicating that it may be finalizing a site for the planned $55 billion chip factory Terafab. The Terafab project is jointly promoted by SpaceX, Tesla, and xAI, aiming to provide chip support for artificial intelligence and robotics projects, with total investments potentially reaching up to $119 billion. Land registration records show that a company named \"WIT Tech LLC\" has acquired at least 6 plots of land in Grimes County, totaling over 6,000 acres (equivalent to nearly 10 square miles), with the transaction amount yet to be disclosed"
datetime: "2026-06-02T16:34:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288457233.md)
  - [en](https://longbridge.com/en/news/288457233.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288457233.md)
generator: "portal-rs"
---

# Musk-related shell company exposed for purchasing land in the suburbs of Houston, potential chip factory may be established here

On June 3rd, Jin10 reported that a shell company associated with Elon Musk has recently purchased properties in a rural area outside Houston, Texas, indicating that it may be finalizing a site for the planned $55 billion chip factory Terafab. The Terafab project is jointly promoted by SpaceX, Tesla, and xAI, aiming to provide chip support for artificial intelligence and robotics projects, with a total investment of up to $119 billion. Land registration records show that a company named "WIT Tech LLC" has acquired at least 6 plots of land in Grimes County, totaling over 6,000 acres (equivalent to nearly 10 square miles), with the transaction amount not yet disclosed

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**