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Tesla and SpaceX to invest $16.8 billion for Texas Terafab chip factory

Tesla and SpaceX are planning a massive joint investment in semiconductor manufacturing. The companies will allocate $16.8 billion to start building a new facility known as the Terafab. The

Tesla and SpaceX are planning a massive joint investment in semiconductor manufacturing. The companies will allocate $16.8 billion to start building a new facility known as the Terafab. The

large-scale chip factory is planned to be constructed in the state of Texas. This project represents a major expansion into domestic semiconductor production. Both companies rely heavily on advanced

chips for their respective vehicle and aerospace operations. The new manufacturing site aims to strengthen supply chain resilience for the firms. Construction details and timelines will be

finalized as the project progresses. This initiative marks a significant new phase of infrastructure development in Texas.

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