SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas
Key takeaways
- Musk has previously outlined plans for the project, dubbed Terafab, that will also see Tesla contributing resources.
- However, Musk wrote in a tweet on Wednesday that Grimes County in Texas was only one of several locations under consideration for the factory.
- The filing comes as Musk has doubled down on ensuring xAI has enough computing power available to train and power its Grok series of AI models.
Why this matters: a development in AI with implications for how people work, create, and decide.
Space X, Elon Musk s space company that also houses his AI company, x AI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Grimes County, Texas, according to a proposal on the county website.
The company estimates it may spend a total of $119 billion on the project, which would be a multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility, according to the filing.
Musk has previously outlined plans for the project, dubbed Terafab, that will also see Tesla contributing resources. The companies have roped chipmaking giant Intel into the effort, aiming to develop chips for AI servers, satellites, SpaceX’s proposed data center in space, as well as autonomous Tesla vehicles and robots.