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SpaceX And Tesla To Build Advanced Chip Factories In Austin Under Terafab Project
Elon Musk announced on March 22, 2026 that SpaceX and Tesla will build two advanced chip factories in Austin, Texas under the Terafab project, with xAI also participating. One facility will produce chips for Tesla vehicles and Optimus humanoid rob...View Commentary -
Tesla Converts $2B xAI Investment Into SpaceX Stake
Tesla disclosed in an FTC filing that it converted its $2 billion stake in xAI into equity in SpaceX, according to Bloomberg. The transaction effectively reallocates exposure from Elon Musk’s AI platform into his launch and satellite business, ahe...View Commentary