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Timeline · August 6, 2026

What SpaceX and Tesla said on August 6, 2026

SpaceX and Tesla said they will initially invest $16.8 billion in the Terafab chip plant in Grimes County, Texas, and that later phases could raise the total. A May filing had shown $55 billion initially, rising to $119 billion; the reports do not explain the gap.

Expected A stated target that has not happened yet.

Source
Reuters (via Yahoo Finance)
Status
Expected
As of

The claim, in our words

This is our summary of what SpaceX and Tesla said or was reported to say, not a quote. The exact words are at the source.

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