High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Austin  + Industrial  | 
Terafab

Musk Eyeing Bryan-College Station Site for Massive Chip Fabrication Plant

Elon Musk may be preparing to build a massive semiconductor fabrication plant near the Texas A&M campus, just outside Bryan-College Station.

His Space Exploration Technologies Corp. company has requested a tax abatement for the Terafab project from Grimes County. The Austin Business Journal said Musk tweeted on X that the Grimes County location is among several sites under consideration for the Terafab project.

Reports indicate the initial capital investment was pegged at $55 billion, with an estimated total of $119 billion if additional phases are constructed.

The idea behind the plant is to build enough high-powered, specialized chips to power millions of humanoid robots, vehicles and space travel.

Connect

Inside The Story

SpaceX

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.