Musk To Spend $55bn On SpaceX AI Chip Project In Texas

Elon Musk’s SpaceX plans to invest at least $55 billion to build a semiconductor manufacturing facility in Texas, according to a public notice Wednesday, producing chips for artificial intelligence, robotics and data centers in space.

The world’s richest person has said the facility, dubbed Terafab, would be run jointly by his electric-vehicle firm Tesla and his rocket company…