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Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas

TechCrunch reports: Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas. After months of speculation, the companies…

By Dillip Chowdary • Aug 06, 2026 • Source: TechCrunch

Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas

TechCrunch reports: Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas. After months of speculation, the companies formally announced the massive project will happen just north of Houston.

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