Elon Musk’s big move: $119 billion directly invested in rural Texas—AI chip factories are about to be rolled out.

View Original
MeNews
Elon Musk-related shell companies are reported to have purchased land outside Houston, and the chip factory may be established here.
ME News reports on June 3rd that shell companies associated with Musk have recently purchased land in the suburbs of Houston, possibly for the location of the $55 billion chip factory Terafab.
Terafab is jointly promoted by SpaceX, Tesla, and xAI, with an investment cap of $119 billion, focusing on AI and robotics chips.
WIT Tech LLC has acquired at least 6 parcels of land in Grimes County, totaling over 6,000 acres, with the transaction amount undisclosed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned