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spacex-to-spend-at-least-$55-billion-on-texas-chip-project
SpaceX to Spend at Least $55 Billion on Texas Chip Project

SpaceX to Spend at Least $55 Billion on Texas Chip Project

Last updated: May 7, 2026 9:49 am
By Bill Pan
0 Min Read
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SpaceX to Spend at Least $55 Billion on Texas Chip Project

The SpaceX logo and a photo of founder Elon Musk, in this photo illustration. Dado Ruvic/Reuters

SpaceX has unveiled the estimated cost of its planned semiconductor manufacturing facility in Grimes County, Texas.

The project, dubbed Terafab, could initially cost $55 billion and rise to $119 billion if additional phases are built, according to a public notice posted on May 5 on Grimes County’s website.

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