SpaceX & Tesla Build Chip Factories, Aiming for AI & Space Tech

0:00On March 22nd, Elon Musk announced that SpaceX and Tesla plans to build two advanced chip factories at a large site in Austin, Texas. One factory will produce chips for Tesla cars and its optimist humanoid robots. The other will make specialized chips for artificial intelligence data centers in space. This comes right after Musk revealed plans for a project called TerraFab, which will actually consist of two separate fabs. Each one will focus on just a single chip design to meet the company's unique needs. Musk explained that current global chip production covers only a tiny part of what his companies were required down the line. He thinks key suppliers like Samsung, TSMC, and micron for their support so far, but stressed that the man will soon outstrip everything available, worldwide. SpaceX is preparing for a public listing that could value it at around $1.75 trillion. The company recently merged with Musk's social media and AI firm, XAI, boosting its

1:01tech ambitions. No timeline was shared for the factories, and Musk's bold projects have seen delays in the past. These factories signal how Musk's ventures are racing to secure their own chip supply, made exploding needs for AI, robots, and space tech.