SpaceX Files $55B Terafab Chip Factory Plan in Texas — Total Investment Could Reach $119B

TechCrunch / CNBC / Tom's Hardware·high signal

SpaceX filed plans for a 'Terafab' semiconductor fabrication facility near College Station, Texas, with an initial $55B investment and potential total cost of $119B across additional phases. The joint venture between SpaceX, Tesla, and xAI (now SpaceXAI), with Intel as a strategic manufacturing partner since April 2026, targets 2-nanometer chip production with one terawatt of computing output per year. Pilot production is planned for late 2026 with full-scale operations by 2027. A June 3 public hearing will determine tax incentive approval.