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SpaceX and Tesla Commit $16.8B To Build Terafab Chip Plant In Grimes County Texas
SpaceXannounced a joint$16.8 billionfirst-phase investment inTerafab, a 100-million-square-foot semiconductor fabrication plant in Grimes County, Texas, creatingjobs. Texas extended a$30 million Texas Enterprise Fund grant and JETI tax incentives ...View Commentary -
Drone footage reveals Terafab land clearing has begun
Land clearing is underway near the planned Terafab site in Grimes County, with aerial footage showing heavy equipment removing vegetation across the property. The activity represents early site preparation for the project’s $16.8 billion first pha...View Commentary -
Fouqet: Musk "very serious" about lithography EUVs
Antwerp, Belgium - ASML (AMS: ASML/NASDAQ: ASML) CEO Christophe Fouquet told Reuters he has been in direct contact with Elon Musk about Terafab, the Texas-based fabrication project tied to Tesla, SpaceX, and xAI. Musk announced the project in Marc...View Commentary -
Terafab Faces a Grimes County Vote on Chip-Fab Reinvestment Zone
GRIMES COUNTY, TEXAS - commissioners are set to hold a public hearing on 3 June 2026 regarding a SpaceX semiconductor complex at Gibbons Creek Reservoir, with two hearings, one on a tax abatement and one on the reinvestment zone, plus public comme...View Commentary -
Grimes County Approves Terafab Reinvestment Zone 4-1
The Grimes County Commissioners Court voted 4-1 on June 3, 2026 to designate a reinvestment zone over the site of SpaceX's proposed Terafab semiconductor and advanced-computing facility near Gibbons Creek Reservoir, per S.E. Robinson Jr. on X.The ...View Commentary