Elon Musk plans single chip factory to double all US semiconductor production

Billionaires Africa | 10.06.2026 09:03
Elon Musk has described his Terafab chip manufacturing facility as targeting one terawatt of annual compute hardware output — nearly double what the entire United States consumes in chips today — in a project that SpaceX has disclosed in its S-1 filing involves investments of up to $122 billion and positions Tesla and Intel as its anchor industrial partners.