Musk’s SpaceX to invest up to $119B on Terafab project

URLhttps://www.manufacturingdive.com/news/elon-musk-b
Sourcemanufacturing dive
Date Published03/24/2026
Author NameNathan Owens

Additional Reshoring Information:

Company/Division name Terafab
Parent companySpaceX
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):5500
City reshored to:Grimes County
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredchips
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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