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![]() Tesla and SpaceX confirmed Thursday they will build Terafab, a
semiconductor megafactory in Grimes County, Texas, with a first-phase
investment of $16.8 billion. Once complete, the complex is planned to
exceed 100 million square feet, more than five times the size of China’s
New Century Global Center and larger than the Pentagon, Apple Park and
Mall of America combined. Elon Musk, who runs both companies, described
it as “the largest and most valuable building on Earth by far.” Intel
confirmed it will contribute to the project, though details of its
involvement remain undisclosed... Tesla said both companies need more chips than current and future global
production can supply, with a goal of producing over one terawatt of
compute annually. The facility will handle logic chips, memory,
packaging and testing in a single structure. Chips manufactured there
will power Tesla’s Optimus robots and Cybercabs, as well as SpaceX’s
planned space-based data centers. The project is expected to create at
least 3,000 jobs, with 60 to 80 percent of hires expected to come from
Grimes and neighboring Brazos County... RSK: That is one large building. | ||
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Our Sponsors - - Volume: 26 - WEEK: 33 Date: 8/11/2026 5:53:22 PM - | ||