Musk's Terafab Filing Shows $55B Phase One, $119B Total for Texas Chip Complex

A SpaceX-linked filing in Grimes County, Texas, pegs the Terafab semiconductor complex at $55 billion for phase one and up to $119 billion for full buildout, exceeding Morgan Stanley's prior $45 billion estimate. Earlier announcements detailed the joint Tesla-SpaceX project for AI chips and GPUs supporting robotaxis, Optimus robots, and SpaceX compute, with Intel's 14A process and suppliers like Applied Materials and Lam Research involved; Tesla eyes a separate $3 billion Austin research fab. A public tax-abatement hearing is set for June 3, amid muted Tesla market reaction with shares at $389.37 after a 0.8% drop.