WSJ Tech News Briefing · Thursday, August 6, 2026
SpaceX and Tesla are planning to construct a semiconductor fabrication plant in Texas, aiming to produce 1 terawatt of compute power annually. The facility, located in Grimes County, Texas, represents an initial investment of $16.8 billion and is expected to create 3,000 jobs, with Texas Governor Greg Abbott stating it will span 100 million square feet.
“SpaceX and Tesla plan to build a semiconductor fabrication plant in Texas, with the goal of producing 1 terawatt of compute per year.”
“The fab project will span 100 million square feet.”
“The initial phase will represent a $16.8 billion investment and employ 3,000 people.”