Elon Musk receives FTC greenlight to buy Mesh Optical as interconnects emerge as AI's tightest bottleneck — the move will expand Musk's growing stack of critical AI infrastructure | Tom's Hardware

Characteristic of the world's richest ... now building Terafab, a vertically integrated, multi-billion-dollar semiconductor manufacturing facility aimed at producing chips capable of delivering an unprecedented over 1 terawatt of AI compute capacity annually....

Apple и SpaceX протестируют техпроцесс Intel 14A осенью

SpaceX в этой схеме выглядит не менее важным клиентом, хотя объёмы её заказов несопоставимы с Apple. После заключения соглашения с Intel Илон Маск говорил, что связанное со SpaceX и Tesla совместное предприятие Terafab собирается использовать именно 14A.

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In the best-case scenario, it could at least partially displace the trillions of dollars of investment going into terrestrial data centers. There are, however, significant challenges. SpaceX’s S-1 IPO filing warns the company currently cannot secure enough chips, which is partly why it is building Terafab, a chip fab run as a joint venture with Tesla and xAI.

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Meanwhile, Tesla has ramped up its Terafab efforts following its partnership with Intel Corp. (INTC) announced earlier this month. The company is currently hiring for 9 positions in Taiwan, seeking candidates with more than 5 years of experience in advanced chipmaking processes. This includes candidates with experience in 7-nanometer and below fabrication processes, while one of the roles requires experience with advanced packaging flows.

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Terafab at $300B applies semiconductor industry multiples if the facility operates as a merchant fab serving third parties beyond just Tesla and SpaceX. One number worth sitting with: the combined market caps of Tesla and SpaceX today already exceed even the bullish segment total here. The market is pricing in a layer of ambition above what any segment-by-segment framework can capture with current data.

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Gwynne Shotwell, SpaceX’s president, recently acknowledged that a future merger “could make Elon’s life a little easier,” stopping short of ruling it out. The two companies already share engineering teams, AI infrastructure, and the Terafab chip plant in Texas. SpaceX buys Tesla Megapacks and Cybertrucks, while Tesla has invested $2 billion in xAI.

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A stable or modestly growing EV business is useful as long as it can fund Musk’s growing AI ambitions.Garrett Nelson, senior vice president of equity research at CFRA, said he’s focused on whether the company can deliver on those ambitious products and timelines. He is also watching Tesla’s plans to increase capital expenditures.“It’s not so much about the deliveries, it’s more about bigger picture like the Terafab announcement, and this spending binge that Tesla is embarking on,” Nelson said.