Elon Musk has some big plans in the South.
Earlier in the week, SpaceX announced it plans to build the world’s largest building in Texas.
The company plans to construct a building for the manufacturing and packaging of semiconductor chips.
Fox Business reported more on Musk’s plans and revealed how many square feet the building project will be:
SpaceX announced this week that its planned semiconductor plant that is expected to become the largest building in the world at more than 100 million square feet will be built in Grimes, Texas, outside of Houston.
“Terafab Texas will be the largest and most valuable building on Earth by far,” owner Elon Musk wrote X Thursday. “And it will be stunningly beautiful.”
The factory is a joint effort with Musk's electric car company, Tesla.
“This facility will house the manufacturing, packaging and testing of advanced logic and memory devices,” SpaceX said in a press release Thursday. “Terafab will produce chips optimized for edge computing and inference for use in hardware like Tesla's Optimus robots and self-driving Cybercabs, along with high-power chips designed for operating SpaceX's space-based data centers.”
SpaceX added that its and Tesla's combined demand for chips is expected to be in excess of the global supply.
“While we are deeply appreciative of our current chip suppliers and encourage them to expand production whenever possible, this looming gulf between supply and demand is at the core of Terafab's necessity,” SpaceX explained.
The company said Terafab would employ more than 3,000 people, adding that its initial phase is estimated to cost approximately $16.8 billion.
Take an early look at a prototype of the building:
Another look:
Terafab Texas will be the largest and most valuable building on Earth by far.
— Elon Musk (@elonmusk) August 6, 2026
And it will be stunningly beautiful. pic.twitter.com/4NweOqTL7y
The news comes as SpaceX has announced that Starlink plans to enter the cellular market to rival AT&T, T-Mobile, and Verizon.
Yahoo Finance reported more on Starlink entering the cellular market industry:
If you believe Elon Musk, then Starlink could soon pose a major threat to the US’s mobile operators, but the CEO of T-Mobile disagrees.
According to Musk in a recent earnings call, Starlink’s terrestrial cellular network will “probably” offer better connectivity and higher bandwidth than cellular providers like T-Mobile, Verizon, and AT&T. In fact, Musk even went so far as to say that he envisions Starlink will ultimately “deliver a majority of the world’s internet.”
As a result, Gwynne Shotwell, the president and chief operating officer of SpaceX (which owns Starlink), added that she expects the company to “acquire quite a few” customers from those mobile networks.
But in an interview with the Financial Times, T-Mobile’s CEO Srini Gopalan argued that “you’ve got to ask the question of ‘what is the gap in the market that they’re looking to serve?’,” adding “I always prefer starting these conversations back from the customer: why would a customer buy a new cellular service? Where do they go? What’s their differentiation? It’s clearly not having a broad network.”
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