New SpaceX Terafab facility coming to Grimes County

Kind: captions Language: en New this afternoon, Texas is betting big on SpaceX. The state just granted the company a $30 million grant to build its proposed Terafab facility in Grimes County. Now, the 100 million square-foot plant is planned near the Gibbons Creek Reservoir. It will produce advanced chips for SpaceX's future AI, Starlink, and space technologies. Terafab is expected to create 3,000 jobs. It has already received a county incentive package and has applied for school district tax breaks.