Tesla and SpaceX to Invest $16.8 Billion in New 'Terafab' Chip Factory in Texas

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Technology

6 August 2026 at 9:57 pm

Tesla and SpaceX to Invest $16.8 Billion in New 'Terafab' Chip Factory in Texas

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Summary

Tesla and SpaceX have officially announced a $16.8 billion investment to build a 'Terafab' chip factory just north of Houston, Texas, after months of speculation.

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