Techub, citing BeInCrypto, reported that Terafab, a chip plant being built in Texas by Tesla and SpaceX, is moving ahead quickly. Elon Musk said on X that the project is progressing smoothly, while a South Korean supplier said the U.S. team replies to early-morning inquiries within 30 minutes to one hour. Local tax filings show the project’s four phases could carry a total cost of as much as $119 billion, with no outside customers helping absorb that spending. Terafab is designed to combine logic chips, memory and advanced packaging in one project. Its target is to reach monthly output of 1 million wafers within 10 years, a level the report said is close to Samsung’s memory capacity. The report also said Intel will join as a technology partner in spring 2026. Separately, SpaceX acquired xAI in February 2026 and completed a $75 billion IPO in June 2026. New shareholders are expected to share part of the plant’s cost in exchange for internal AI chip supply.
Techub, citing BeInCrypto, reported that Terafab, a chip plant being built in Texas by Tesla and SpaceX, is advancing quickly.
Elon Musk said on X that the project is going smoothly. A South Korean supplier said the U.S. team responds to early-morning inquiries within 30 minutes to one hour.
Total cost across four phases could reach $119 billion
Local tax filings show Terafab’s total cost across four phases could be as high as $119 billion, with no outside customers sharing that burden.
The project is intended to combine logic chips, memory and advanced packaging. Its goal is to reach monthly output of 1 million wafers within 10 years, close to Samsung’s memory capacity, according to the report.
Intel to join in spring 2026
The report said Intel will join as a technology partner in spring 2026.
It also said SpaceX acquired xAI in February 2026 and completed a $75 billion IPO in June 2026. New shareholders will share the plant’s construction cost in return for internal AI chip supply.
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