Elon Musk says the venture could be run collectively by his electric-vehicle agency, Tesla, and his rocket firm, SpaceX. File image
| Photograph Credit score: AP
Elon Musk introduced on Saturday (March 22, 2026) a plan to make chips for synthetic intelligence, robotics and information centres in area, within the newest daring venture by the world’s richest individual.
The “Terafab”, a producing facility primarily based close to Austin, Texas, will intention to provide one terawatt of computing energy per 12 months, Mr. Musk mentioned.
A terawatt is equal to 1 trillion watts. That’s barely lower than the full energy technology capability of america, in keeping with an trade group.
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Mr. Musk mentioned the venture could be run collectively by his electric-vehicle agency Tesla and his rocket firm SpaceX.
He didn’t disclose the preliminary funding. Earlier US media studies have put the determine between $20 billion and $25 billion.
Mr. Musk, who has no prior expertise in semiconductors, mentioned the Terafab was mandatory as a result of Tesla and SpaceX’s demand for computing energy was anticipated to far exceed that of world chip suppliers.
“We’re very grateful to our present provide chain, to Samsung, TSMC, Micron, and others… however there is a most price at which they’re snug increasing,” Mr. Musk mentioned.
“That price is way lower than we wish… and we’d like the chips, so we’ll construct the Terafab.”
An “superior expertise fab” in Austin could have the amenities to design, manufacture, take a look at and enhance every chip, Mr. Musk mentioned.
Finally, the venture goals to make chips to help 100 to 200 gigawatts of computing energy on Earth, and a terawatt in area.
Mr. Musk didn’t give a timeline for the Terafab’s output, and has beforehand promised grand outcomes from different initiatives on compressed time scales.
He mentioned the Terafab would in the end assist humanity turn out to be a “galactic civilization” able to harnessing the sources of different planets and stars.
Revealed – March 22, 2026 12:47 pm IST