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Home»Business»Elon Musk plans 100 million-square-foot terafab semiconductor plant close to Houston
Business

Elon Musk plans 100 million-square-foot terafab semiconductor plant close to Houston

EditorBy EditorAugust 8, 2026No Comments3 Mins Read
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Elon Musk plans 100 million-square-foot terafab semiconductor plant close to Houston
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Rep. Kat Cammack criticizes Democrats for concentrating on Elon Musk’s wealth with unconstitutional taxes.

SpaceX introduced this week that its deliberate semiconductor plant that’s anticipated to turn out to be the biggest constructing on this planet at greater than 100 million sq. toes will probably be in-built Grimes, Texas, outdoors of Houston.

“Terafab Texas would be the largest and most beneficial constructing on Earth by far,” proprietor Elon Musk wrote X Thursday. “And it is going to be stunningly stunning.”

The manufacturing facility is a joint effort with Musk’s electrical automotive firm, Tesla.

“This facility will home the manufacturing, packaging and testing of superior logic and reminiscence units,” SpaceX mentioned in a press launch Thursday. “Terafab will produce chips optimized for edge computing and inference to be used in {hardware} like Tesla’s Optimus robots and self-driving Cybercabs, together with high-power chips designed for working SpaceX’s space-based knowledge facilities.”

MARKET EXPERT MAKES CASE FOR SPACEX DESPITE VOLATILITY

Elon Musk mentioned the constructing can be “stunningly stunning.”  (Chip Somodevilla/Getty Photographs / Getty Photographs)

SpaceX added that its and Tesla’s mixed demand for chips is predicted to be in extra of the worldwide provide.

“Whereas we’re deeply appreciative of our present chip suppliers and encourage them to develop manufacturing each time potential, this looming gulf between provide and demand is on the core of Terafab’s necessity,” SpaceX defined.

The corporate mentioned Terafab would make use of greater than 3,000 folks, including that its preliminary section is estimated to value roughly $16.8 billion.

TEXAS GOV. GREG ABBOTT EFFECTIVELY PAUSES NEW DATA CENTER PROJECTS PENDING STATEWIDE GRID AUDIT

Tesla Terafab construction at Tesla Giga Texas

Development north of the Tesla Giga Texas manufacturing facility in Austin March 25, 2026. (Jay Janner/The Austin American-Statesman through Getty Photographs / Getty Photographs)

“The Terafab is bringing cutting-edge manufacturing to America, creating hundreds of high-paying jobs within the Lone Star State and enabling us to provide AI chips at scale to be used on Earth and in house,” Musk mentioned.

SpaceX proposed initially investing $55 billion into Terafab, which may improve to $119 billion, in line with a Might submitting.

The Pentagon

The Pentagon is the biggest constructing within the U.S.  ( J. David Ake/Getty Photographs / Getty Photographs)

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

In April, Tesla broke ​floor on a analysis facility on the North ​Campus of ⁠its Giga Texas plant, which it known as a precursor to Terafab.

The Pentagon is the present largest constructing within the U.S. at 6.6. million sq. toes, and China’s New Century International Heart in Chengdu, is the world’s largest at 18.9 million sq. toes. 

Reuters contributed to this report. 

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Restaurant Manufacturers Worldwide Inc. (QSR) Q2 2026 Earnings Name Transcript

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