Accounting Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in TexasBy AdminBitAugust 6, 20260 Tesla and SpaceX said Thursday that “Terafab,” the advanced chip factory they are jointly developing, will be built in Grimes County, Texas, outside Houston, and that they will make an initial investment of $16.8 billion in the project.