The Verge Science
7 May 2026
SpaceX has a $55 billion plan to build AI chips in Texas
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services.
Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the The New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its "Terafab" chip plant in Austin, Texas. That's according to the details of a public hearing notice filed in Grimes […]
Key Takeaways
- • SpaceX has a $55 billion plan to build AI chips in Texas.
