SpaceX to Spend at Least $55 Billion on Texas Chip Project

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The SpaceX logo and a photo of founder Elon Musk are seen in this photo illustration. Dado Ruvic/ReutersSpaceX has unveiled the estimated cost of its planned semiconductor manufacturing facility in Grimes County, Texas.The project, dubbed Terafab, could initially cost $55 billion and rise to $119 billion if additional phases are built, according to a public notice posted Tuesday on Grimes County’s website.

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