Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Elon Musk Plans to Spend $119 Billion to Construct the World's Largest Building, Just Outside Houston

The first phase is priced at $16.8 billion and the complex is expected to produce chips for Tesla robots, Cybercabs and SpaceX data centers.

  • On Thursday, Tesla and SpaceX confirmed their jointly developed project, Terafab, will be built in Grimes County, Texas, just outside Houston. The massive semiconductor megafactory aims to address an existential shortage of computing power.
  • Tesla framed the undertaking as a response to an existential shortage of computing power. The companies aim to produce over 1 terawatt of compute per year, exceeding current global production capacity.
  • The first phase carries a price tag of $16.8 billion, though total investment could reach $119 billion. Once complete, the complex is projected to exceed 100 million square feet, claiming the title of largest structure on Earth.
  • Texas Governor Greg Abbott's office offered a $30 million Texas Enterprise Fund grant for the project, expected to generate at least 3,000 jobs. Hundreds attended a county meeting the day before to voice objections over transparency.
  • The site sits on the Gibbons Creek Reservoir, where the facility will handle logic chips for Optimus robots and Cybercabs. SpaceX intends to draw water from the reservoir rather than local groundwater, addressing resource strain in Texas.
Insights by Ground AI

25 Articles

SpaceX founder Elon Musk plans to "Terafab" in Texas on more than nine million square meters. What will be produced there in the future.

·Berlin, Germany
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 56% of the sources lean Right
56% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Construction Review Online broke the news on Saturday, August 8, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal