Lead Story
Aug 6, 2026
SpaceX Confirms $55B Terafab Chip Plant in Grimes County, Construction Starts Soon
SpaceX and Terafab officially confirmed the $55 billion AI chip manufacturing project at Gibbles Creek Reservoir, with construction beginning within months. The project, a joint venture with Tesla and xAI, promises massive AI compute output while addressing local concerns over taxes, water, and power.
Priya Sharma