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August 2026

SpaceX and Tesla Officially Confirm $16.8B First Phase of Terafab in Grimes County

Multiple outlets report the official confirmation and groundbreaking plans for the initial $16.8B phase of Terafab, including job creation, state grants, and renderings of the massive facility.

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"SpaceX and Tesla have officially unveiled plans for Terafab, a $16.8 billion semiconductor manufacturing campus in Grimes County"

— virtualbx.com

"The first phase of the Terafab project will create 3,000 new jobs and generate a capital investment of $16.8B+"

— gov.texas.gov

Key Points

  • Initial $16.8B investment confirmed by SpaceX/Tesla
  • 3,000 permanent jobs expected
  • Grimes County site near College Station officially selected
  • Vertically integrated logic, memory, packaging under one roof

Coverage (156 sources)

📰 finance.yahoo.com Elon Musk’s Terafab Will Be Earth’s Most Valuable Building, 50x the Size of the Pentagon Aug 7 𝕏 @teslaownersSV (post) Aug 8 Entrelligence Elon Musk Unveils Terafab to Build the World’s Largest Chip Factory Aug 7 📰 aibusiness.com SpaceX, Tesla to Spend $16.8B on Terafab Chip Factory in Texas Aug 7 📰 thenews.com.pk Tesla, SpaceX confirm largest Terafab chip factory in Texas | Technology | thenews.com.pk Aug 6 📰 digivestasi.com Elon Musk Is Building a $16.8 Billion Chip Factory-Here's Why - Digivestasi Aug 10 📰 how2shout.com SpaceX's Texas Chip Fab Just Got a Number. It's Smaller Than the Last One Aug 7 📰 motorbiscuit.com SpaceX Just Picked Texas for a 2.5-Mile-Long Terafab and It Could Be the Largest Building on Earth - MotorBiscuit Aug 8 Now You Know Wow! SpaceX's Earnings Call | Tesla Time News 659 Aug 5 📰 electrek.co Musk's Terafab chip plant will run on gas, not Tesla solar | Electrek Aug 10 📰 europesays.com Elon Musk, SpaceX confirm $16.8B Terafab facility in Texas - EUROPE SAYS Aug 6 📰 oftmw.com Elon Musk is building the world's largest chip factory in rural Texas — Markets of Tomorrow Aug 10 📰 vocal.media Tesla and SpaceX Unveil $16.8B “Terafab” Chip Factory in Texas, Promising World’s Largest Building Amid Local Concerns | 01 Aug 8 📰 dealroom.co SpaceX | xAI bets $16.8B on Terafab chip plant and a new mobile network | Dealroom News Aug 8 📰 thenextweb.com Musk's $16.8bn Terafab chip fab rises in Texas Aug 7 📰 connectcre.com SpaceX Announces $16.8B Terafab Project Near College Station - Connect CRE Aug 7 📰 reddit.com r/ArtificialInteligence on Reddit: SpaceX and Tesla choose Texas for AI chip manufacturing plant that will be world's largest building. Aug 7 📰 thestandard.com.hk SpaceX says Terafab to be built in Texas with initial investment of US$16.8 billion Aug 6 Chansoo Byeon Tesla & SpaceX just released new information on Terafab for Grimes, Texas 🇺🇲 Aug 5 📰 ibtimes.com.au Musk's Tesla, SpaceX Confirm $16.8 Billion 'Terafab' Chip Plant as World's Largest Building in Texas Aug 22 📰 finance.yahoo.com SpaceX’s Texas Terafab Could Become World’s Largest Building Aug 7 📰 tomshardware.com Elon Musk's massive Terafab chip-making facility starts to take shape — 100 million square feet of manufacturing space and $16.8B initial capital investment | Tom's Hardware Aug 7 📰 x.com Tesla Owners Silicon Valley on X: "The TeraFab Scale To reach a terawatt of AI compute output per year, SpaceX needs a chip factory at a scale that does not exist. That is the TeraFab. Elon Musk on the size: ~ 100 million square feet of factory floor ~ 10x larger than the entire Tesla Gigafactory Texas ~" / X Aug 6 USA Tech Terafab: Elon Musk’s $16.8B AI Chip Factory Revealed! Tesla & SpaceX’s Semiconductor Revolution Aug 8 Tesla Insider News Elon Musk’s Terafab is Finally Here: Can It Out-Chip the Entire World? - YouTube Aug 10 📰 techradar.com Elon Musk’s giant Texas chip factory just got a $16.8 billion commitment, and its planned size is staggering | TechRadar Aug 11 Rew Car SpaceX Terafab chip plant is officially heading to Grimes County, Texas 🏭 Aug 7 📰 thetrumpet.ng Elon Musk Confirms Tesla, SpaceX Are Building Terafab, a Semiconductor Megafactory in Texas Aug 13 📰 teslarati.com SpaceX is coming for wireless giants with Starlink Mobile Aug 6 📰 usaherald.com Terafab: Elon Musk’s Massive Texas Chip Factory Could Redefine Semiconductor Manufacturing - USA Herald Aug 11 📰 interestingengineering.com SpaceX to build on-site natural gas plant for $55b Texas semiconductor site Aug 7 📰 techloy.com Terafab Construction Plan: Musk's $16.8B Texas Chip Plant Aug 11 📰 indiatoday.in SpaceX Tesla Texas AI chip plant: Terafab gets USD 16.8 billion investment - India Today Aug 7 📰 usatoday.com Musk's SpaceX, Tesla to build $16.8B Terafab chip factory in Texas Aug 7 📰 mlq.ai Tesla and SpaceX Commit $16.8 Billion to Texas Terafab, but the Deal Structure Is Still Opaque | MLQ News Aug 7 📰 universemagazine.com Tesla and SpaceX invest $16.8 billion in a Texas chip factory Aug 11 📰 finance.biggo.com SpaceX Draws a Bullseye on ASML With Its $16.8 Billion Chip Factory — BigGo Finance Aug 8 📰 kbtx.com Elon Musk's Terafab: Inside the $16.8 billion AI chip plant ... Aug 6 📰 techtimes.com SpaceX Confirms Terafab in Texas; Own Filing Shows $38B Gap in First-Phase Figures Aug 7 📰 beincrypto.com Elon Musk’s Terafab Will Be Earth’s Most Valuable Building, 50x the Size of the Pentagon Aug 7 📰 fortune.com Musk’s planned $16.8 billion factory is five times bigger than the world’s current largest building | Fortune Aug 10 📰 constructionreviewonline.com SpaceX, Tesla Commit $16.8B to Terafab Chip Factory in Texas Aug 8 📰 au.finance.yahoo.com Tesla and SpaceX Just Committed $16.8 Billion to a Texas Chip Plant. Aug 12 📰 ico-optics.org SpaceX and Tesla Build World’s Largest Texas Terafab Aug 7 📰 byteiota.com Tesla and SpaceX’s Terafab: $16.8B Chip Factory | byteiota Aug 7 KVUE SpaceX announces $16.8B chip plant in Grimes County Aug 5 📰 x.com Governor Abbott Press Office on X: "The first phase of the Terafab project will create 3,000 new jobs and generate a capital investment of $16.8B+. Texas is where big ideas grow even bigger." / X Aug 6 📰 rediff.com SpaceX Tesla Terafab: USD 16.8 Billion AI Semiconductor Complex In Texas - Rediff.com India News Aug 7 📰 x.com Elon Musk Unveils Terafab Texas as World's Largest Chip Factory / X Aug 8 Solving The Money Problem Terafab Unveiled: $16.8B Tesla-SpaceX MegaFab (largest building on EARTH) Aug 6 📰 bradford.com Jones Day Relocates to Knox & McKinney in Dallas Aug 10 📰 tracxn.com List of 7 Acquisitions by SpaceX (Aug 2026) - Tracxn Aug 19 📰 jdrucker.com Musk Bets $16.8 Billion That America Can Build Its Own Chips Again… and the World’s Largest Building Aug 9 📰 billionaires.africa Elon Musk's Terafab chip plant to cost $16.8 billion Aug 22 The AI Nexus SpaceX Just Revealed Terafab Phase 1 — Location Confirmed Aug 8 📰 audacy.com SpaceX, Abbott confirm massive Terafab chip factory near College Station Aug 7 📰 en.wikipedia.org List of Tesla factories - Wikipedia Aug 20 📰 startupselfie.net Tesla and SpaceX plan 100-million-square-foot Texas chip megafactory Aug 14 📰 fool.com Elon Musk's SpaceX and Tesla Are Building a $16.8 Billion Chip Factory 5 Times Bigger Than Earth's Largest Building. What Does That Mean for Both Stocks? | The Motley Fool Aug 22 📰 datacenterdynamics.com SpaceX to invest $16.8bn in Texas TeraFab as Elon Musk says 100m-sq-ft fab will be “50 times the size of the Pentagon” - DCD Aug 7 📰 cryptoticker.io Terafab: Musk's Chip Plant and What It Means for Crypto Aug 15 📰 startupfortune.com Tesla and SpaceX confirm a $16.8 billion chip megafactory in Texas - Startup Fortune Aug 9 📰 eciks.org Elon Musk's SpaceX, Tesla to build $16.8B Terafab chip factory in Texas Aug 10 📰 finance.yahoo.com Tesla and SpaceX Are Building a $55 Billion Chip Factory in Texas Aug 7 📰 caliber.az Terafab: Musk’s $119 billion silicon giant targets future of computing - VIDEO / PHOTO Aug 10 The Electric Viking Tesla + SpaceX $16.8 Billion Terafab Will Be 10X Bigger Than TSMC's Largest Fab - YouTube Aug 9 📰 interestingengineering.com Elon Musk's Terafab: Inside the $16.8 billion AI chip plant Tesla and SpaceX are building in Texas Aug 7 📰 billionaires.africa Elon Musk's Tesla and SpaceX commit $16.8 billion to build Terafab chip factory in Texas Aug 7 📰 gvwire.com SpaceX, Tesla to Initially Spend $16.8 Billion on Terafab Chip Plant in Texas - GV Wire Aug 6 📰 bisnow.com SpaceX, Tesla To Spend $16.8B Building First Phase Of 100M SF Chip Factory Aug 7 📰 tipranks.com SpaceX (SPCX) May Be the Answer to an AI Problem Money Can’t Fix - TipRanks.com Aug 14 📰 bivashvlog.com Terafab Explained: Tesla and SpaceX's $16.8 Billion Texas Chip Plant Aug 6 📰 finance.yahoo.com Tesla Stock Jumps Nearly 4% as $16.8 Billion Terafab Breaks Ground Aug 7 📰 kucoin.com Elon Musk's Terafab Chip Factory to Be 50x the Size of the Pentagon | KuCoin Aug 7 Block News International Tesla and SpaceX Advance $16.8 Billion Terafab Chip Project in Texas Aug 17 📰 financialexpress.com SpaceX is building world' largest semicondutor plant in US - All about Terafab - US News | The Financial Express Aug 7 TechCoffyy SpaceX Picks Texas for Its $16.8B Terafab—Now Comes the Hard Part Aug 7 📰 newscord.org SpaceX And Tesla Build $16.8 Billion Terafab Chip Plant Near College Station, Texas: 16 outlets compared | NewsCord Aug 7 📰 teslarati.com SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff Aug 12 𝕏 @teslaownersSV (post) Aug 21 📰 foxbusiness.com SpaceX and Tesla choose Texas for AI chip manufacturing plant that will be world's largest building Aug 7 📰 scanx.trade SpaceX Terafab to invest $16.8 billion in Texas, create 3,000 jobs Aug 15 📰 seekingalpha.com Tesla is building a monster Terafab chip complex - these stocks could also benefit (TSLA:NASDAQ) | Seeking Alpha Aug 6 Money Demystified Elon Musk's $119B Gamble: Tesla & SpaceX’s New Terafab Aug 7 Nerra Network Tesla SpaceX Terafab Plant Gets $16.8 Billion Phase 1 Aug 6 📰 tradingkey.com Musk Spends $119 Billion to Launch Terafab Construction Plan: Can Tesla and SpaceX Achieve Chip Autonomy? Aug 11 📰 deccanherald.com SpaceX to build $16.8 billion chip plant in Texas, create over 3,000 jobs Aug 7 📰 x.com Sawyer Merritt on X: "SpaceX: "Today, we are announcing that Terafab will be built in Grimes County, Texas. The facility will be an advanced semiconductor fab that will bridge the divide between current global chip supply and the compute demand of the future. The combined SpaceX and Tesla demand for https://t.co/TS142eZPNX" / X Aug 6 📰 news.constructconnect.com SpaceX, Tesla Set $16.8B Initial Investment for Texas Terafab Chip Complex Aug 7 𝕏 @SawyerMerritt Tesla and SpaceX's Terafab project has officially started ... Aug 13 GOODs Elon Musk Is Building the Largest Factory on Earth Aug 6 📰 ts2.tech SpaceX (NASDAQ:SPCX), Tesla (NASDAQ:TSLA) Finalize $16.8 Billion Terafab as Investors Watch Capital Demands Aug 8 GeoVector Insight Elon Musk's $16.8B Terafab: He Only Signed for $5 Billion Aug 15 📰 gurufocus.com Tesla's New Chip Manufacturing Facility: Terafab in Texas (TSLA) Aug 6 📰 ts2.tech Tesla (NASDAQ:TSLA) Shares Gain 5.6% Amid $16.8 Billion Terafab Project and Funding Concerns Aug 11 📰 ibtimes.com.au (VIDEO) SpaceX and Tesla Confirm Texas Site for 'Terafab' AI Chip Complex With Intel, xAI as Demand Soars Aug 7 📰 reddit.com r/RealTesla on Reddit: SpaceX, Tesla to Initially Spend $16.8 Billion on Terafab Chip Plant in Texas Aug 6 📰 manufacturingdive.com SpaceX to invest $16.8B on first phase of Terafab project | Manufacturing Dive Aug 10 📰 techcrunch.com SpaceX's Terafab will rely on natural gas power plants, not Tesla solar panels | TechCrunch Aug 7 📰 simplywall.st SpaceX (SPCX) Unveils $16.8 Billion Terafab And A New Mobile Network - Simply Wall St News Aug 9 📰 stocktwits.com TSLA Stock Races Past NVDA, GOOG In August Rally: Elon Musk’s TeraFab And Semi Bets Shift Into High Gear Aug 25 📰 eletric-vehicles.com SpaceX, Tesla Lock In Grimes County for Terafab, Plans $16.8 Billion First Phase | EV Aug 6 📰 xenospectrum.com SpaceX Confirms "Terafab" Construction Site, Bringing AI Chip Production In-House with $16.8B | XenoSpectrum Aug 7 📰 stockpil.com Tesla and SpaceX commit $16.8B to build massive 'Terafab' chip factory in Texas Aug 10 📰 aipowerweekly.com AI Power News Roundup 8/14/26 - by Will McKnight Aug 14 KHOU 11 New SpaceX Terafab facility coming to Grimes County Aug 5 📰 fool.com SpaceX Is Building a $16.8 Billion Chip Fab in Texas. Is This a Genius Move or a Red Flag For Investors? | The Motley Fool Aug 26 📰 tesorb.com Terafab: The $16.8 Billion Chip Factory That Ties Tesla and SpaceX Together - Tesorb Aug 12 📰 softwareseni.com Elon Musk's Terafab and the Future of Chip Manufacturing: Can One Building Reshape the Global Semiconductor Order? - SoftwareSeni Aug 21 📰 khou.com SpaceX to build $16.8 billion semiconductor plant in Grimes County | khou.com Aug 5 📰 spacedaily.com SpaceX spent $15.8 billion building AI compute infrastructure in just three months — more than four times what its entire Space division spent on capital projects throughout 2025. And Elon Musk is already warning that global chip production isn't scaling fast enough to meet AI demand. Aug 20 📰 fool.com Where Will SpaceX Stock Be in 5 Years? | The Motley Fool Aug 13 📰 finance.yahoo.com Tesla-SpaceX Terafab Bet: 4 Chip Equipment Stocks That Could Benefit Aug 8 📰 kad8.com Terafab: SpaceX and Tesla Plan a 100M-Sq-Ft Chip Fab · KAD Aug 7 Quagium - breakthrough technologies TERAFAB: The $16.8 Billion AI Chip Factory That Could Change Everything Aug 5 📰 cloudnews.tech SpaceX and Tesla will invest $16.8 billion in a massive chip factory | Cloud News Aug 9 📰 gurufocus.com Elon Musk Unveils Terafab Semiconductor Plant in Texas for Tesla (TSLA) and SpaceX Aug 7 📰 houstonchronicle.com SpaceX, Tesla Terafab chip plant near College Station: What to know Aug 7 📰 effectivestuffs.com Elon Musk Terafab Construction Plan: Inside the $119 Billion Texas Megafactory That Could Become The World’s Largest Building - Effective Stuffs Aug 10 📰 gncrypto.news Tesla, SpaceX to Build $16.8B Terafab AI Chip Plant in Texas Aug 7 KHOU 11 Elon Musk's $16.8 billion TeraFab plant coming to Grimes County Aug 24 📰 convergedigest.com SpaceX and Tesla Confirm Plans for Terafab in Texas - Converge Digest Aug 6 📰 manufacturingdive.com Tesla looks to build $10B solar cell manufacturing site in Texas | Manufacturing Dive Aug 20 📰 x.com Tesla on X: "Terafab will be built in Grimes County, Texas In April, we broke ground on our research fab on the North Campus of Giga Texas – the precursor to Terafab. Both Tesla & SpaceX will need far more chips than current & future global production can supply. This is why we're building" / X Aug 6 📰 newsbreak.com Musk’s $16.8 Billion Texas Chip Megafactory Sounds Unstoppable, Until You Look at What Still Has to Go Right - NewsBreak Aug 12 📰 tradingview.com SPCX Stock Climbs After Trump Discloses SpaceX Stake — Goldman Sees Musk’s Terafab Fueling A $281B Chip Boom — TradingView News Aug 25 📰 ibtimes.com.au xAI's Memphis Data Center Sparks Outrage Over Unpermitted Gas Turbines Polluting Nearby Neighborhoods Aug 23 📰 motorwatt.com Musk Unveils Plans for "Terafab" — A Chip Factory the Size of a Small City Aug 8 𝕏 @tomshardware (post) Aug 7 📰 fox7austin.com Gov. Greg Abbott announces $16.8 billion SpaceX chip manufacturing plant in Texas | FOX 7 Austin Aug 6 📰 x.com Elon Musk Unveils Terafab Texas as World's Largest Chip Factory / X Aug 8 𝕏 @cb_doge (post) Aug 21 Awevault Elon Musk Is Building His Own AI Chip Factory — The $16.8 Billion Terafab Plan Aug 9 Aicircle Elon Musk's Terafab is coming #shorts Aug 11 📰 commercialsearch.com SpaceX, Tesla to Develop 100 MSF Texas Manufacturing Facility - Commercial Property Executive Aug 10 📰 blockonomi.com SpaceX and Tesla Break Ground on Terafab Chip Factory in Grimes County Aug 11 📰 notateslaapp.com Tesla & SpaceX to Build TERAFAB in Grimes County, Texas - Not a Tesla App Aug 7 📰 texasborderbusiness.com SpaceX to Launch $16.8B Terafab Facility, Boosting Texas Economy with 3,000 Jobs - Texas Border Business Aug 7 📰 therealdeal.com Elon Musk’s $55M Terafab Factory is Coming to College Station Aug 7 📰 costar.com News | SpaceX plans what could be world's biggest building in Texas Aug 7 📰 foreignpolicyjournal.com Elon Musk's Terafab Venture Targets 100 Million Square Feet Of Texas Manufacturing Space For AI Chip Production (NASDAQ: TSLA) Aug 13 📰 fool.com Breakfast News: Gen Z Is Airbnb's Secret Weapon | The Motley Fool Aug 7 📰 foreignpolicyjournal.com SpaceX And (NASDAQ: TSLA) Tesla Announce $16.8B Terafab Semiconductor Factory In Texas Aug 7 📰 finance.yahoo.com Elon Musk Plans to Spend $119 Billion to Construct the World’s Largest Building, Just Outside Houston Aug 10 📰 chipbriefing.substack.com Daily: US imposes 15% tariff on polysilicon, key chip material + USA trip Aug 6 📰 ien.com SpaceX Picks Texas Home for Massive, Multi-Billion-Dollar Terafab | Industrial Equipment News Aug 7 📰 houstonchronicle.com Musk, Abbott confirm $17B Terafab plant will be built near College Station Aug 6 📰 uz.kursiv.media Elon Musk begins building $16.8bn Terafab chip factory in Texas - Kursiv Media Uzbekistan Aug 14 📰 analyticsinsight.net Tesla, SpaceX Bet $16.8 Billion on Terafab AI Chips Aug 12 📰 marketscale.com Tesla and SpaceX Commit $16.8 Billion to a Texas Chip Fab They Call Terafab Aug 7 📰 tosv.substack.com Terafab Texas Is Official - by Tesla Owners Silicon Valley Aug 7 📰 arbiterz.com Elon Musk’s $16.8 Billion Texas Factory Could Become the World’s Largest Building Aug 21 📰 americanbazaaronline.com SpaceX, Tesla to spend $16.8 billion on Terafab plant in Texas Aug 6 📰 abcnews.com What to know about Elon Musk's massive $16.8 billion chip factory - ABC News Aug 11 📰 theglobeandmail.com SpaceX Is Spending Like a Foundry Before It Owns One. What SPCX Holders Should Watch. - The Globe and Mail Aug 25 📰 thepcenthusiast.com Elon Musk's Terafab Construction Plan Targets 2028 Completion | ThePCEnthusiast Aug 11