Tech
SpaceX Plans $55 Billion AI Chip Plant in Texas
Elon Musk's SpaceX is planning to invest at least $55 billion into a new AI chip manufacturing plant in Austin, Texas. The project is part of the company's broader strategy to enter the AI hardware market.
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The Verge
Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its "Terafab" chip plant in Austin, Texas. That's according to the details of a public hearing notice filed in Grimes
2026-05-07 19:26 UTC