SpaceX commits $16.8B to Terafab

SpaceX committed more than $16.8 billion to the first phase of Terafab, a 100-million-square-foot Texas plant designed to put logic, memory, and advanced packaging under one roof. The Texas governor’s announcement says the Grimes County project will create 3,000 jobs and receive a $30 million state grant. For operators tracking whether Terafab can graduate from an audacious chip-factory plan, a named site and committed first-phase capital make supplier contracts and construction milestones—not the original concept—the next evidence to watch.