SpaceX plans a $55 billion Terafab AI chip plant in Austin, Texas, with potential expansion to $119 billion. The project aims to support massive computing power for AI, robotics, and space data centers.
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Tesla and SpaceX have confirmed Grimes County, Texas as the site for their Terafab semiconductor megafactory, with the first phase costing roughly $16.8 billion. The project targets the largest chip manufacturing facility on the planet to supply over 1 terawatt of compute per year that exceeds current and future global production capacity.
Tesla marked the start of high-volume Semi production at its new Sparks, Nevada factory on September 24. The plant, which Tesla says covers 1.8 million square feet, is built to scale to 50,000 trucks annually.
NASA awarded SpaceX a $946 million contract for three more crewed missions to the ISS, bringing the company's total under the deal to 17 flights through 2030 and the contract value to $5.92 billion. The expansion helps NASA sustain access to the station while Boeing prepares its Starliner for crewed operations.
SpaceX has delayed the first orbital Starship flight from September 22 to September 28 pending regulatory approval. The mission will attempt to place 26 V3 Starlink satellites into a 275 km orbit and marks a key milestone after the program's initial test flight in 2023.
Tesla has started sending invitations for its Semi Rollout event on September 24 at the new factory in Sparks, Nevada. The gathering will showcase the facility, which Tesla says covers 1.8 million square feet, built to produce up to 50,000 trucks per year along with refreshed vehicle features and fleet economics.
