Elon Musk announced plans to build a Terafab plant in Austin, Texas, that will be jointly run by Tesla and SpaceX. The goal is to eventually build chips at scale for robotics,
Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion
SpaceX has a $55 billion plan to build AI chips in Texas
<!-- SC_OFF --><div class="md"><p>"SpaceX and Tesla <a href="https://www.reuters.com/markets/companies/TSLA.O">(TSLA.O), opens new tab</a> will build two advanced chip
SpaceX hit profitably in the third-quarter, with net income of $4.4 billion. AI was the engine.
Elon Muks's xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX's IPO filing.
SpaceX IPO filing pitches orbital data centers as Grok lags rival AI services.
The DOJ intervened in a lawsuit over xAI’s gas turbines on Monday. The agency sided with Elon Musk’s company, saying attempts to stop xAI from running the natural gas turbines
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