Spacex · The Register
Musk has never built a wafer fab, but he wants to burn $119B on one anyway
Compiled by KHAO Editorial — aggregated from 3 outlets. See llms.txt for citation guidance.
◎ Multiple-sources
Initial phases of SpaceX's Terafab project in rural Texas are expected to cost about 1.25 Twitters.
Key facts
- You might remember him promising to cut $2 trillion and then $1 trillion from government spending via DOGE, but only managing to cut about $150 billion or 2.2 percent
- The first phase of this project is expected to cost around $55 billion, or about 1.25 Twitters
- Elon Musk's SpaceX hopes to plow as much as $119 billion into the southeast Texas countryside to build a massive semiconductor fab to produce chips for orbital AI datacenters
- In the meantime, the Grimes County Court of Commissioners will consider whether to grant Musk’s Terafab project a property tax abatement during a meeting at 9 am on June 3. ®
Summary
Elon Musk's SpaceX hopes to plow as much as $119 billion into the southeast Texas countryside to build a massive semiconductor fab to produce chips for orbital AI datacenters. The harebrained scheme is part of Elon Musk’s recently announced Terafab project, which seeks to boost global semiconductor production by 50x. In a recent public filing, SpaceX described the project as a “multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility.” The facility would be located roughly 80 miles northeast of Houston near the Gibbons Creek Reservoir.