Musk to spend $55bn on SpaceX AI chip project in Texas

Elon Musk's SpaceX plans to invest at least $55 billion to build a semiconductor manufacturing facility in Texas, according to a public notice Wednesday, producing chips for artificial intelligence, robotics and data centers in space. The post Musk to spend $55bn on SpaceX AI chi...

The Briefing Africa

May 6, 2026 · 12:29 · 5 min read

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Musk to spend $55bn on SpaceX AI chip project in Texas

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Musk to spend $55bn on SpaceX AI chip project in Texas