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SpaceX and Tesla Invest $17 Billion in Chip Manufacturing Plant in Texas
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FOMOGRAM Editorial Desk
Aug 7, 2026
EXECUTIVE SUMMARY
On August 6, SpaceX and Tesla announced the location for their Terafab chip manufacturing plant in Grimes County, Texas, and revealed initial investments totaling $16.8 billion. The decision was announced by the CEO.
On August 6, SpaceX and Tesla announced the location for their Terafab chip manufacturing plant in Grimes County, Texas, and revealed initial investments totaling $16.8 billion. The decision was announced by the CEO.
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