SpaceX and Tesla Announce $16.8 Billion Terafab Semiconductor Chip Manufacturing Plant

SpaceX and Tesla have confirmed plans to build a massive $16.8 billion Terafab semiconductor chip manufacturing facility in Grimes County, Texas. This 100-million-square-foot plant will produce chips essential for the companies' self-driving vehicles, humanoid robots, and space-based data centers, addressing Elon Musk's stated need for more chips than the global market can currently supply.