Svmuureports A shell company linked to Elon Musk has reportedly purchased property in a rural area outside Houston, Texas in recent weeks, suggesting it may be finalizing the site for a planned $55 billion chip factory, Terafab. The Terafab project, jointly promoted by SpaceX, Tesla, and xAI, aims to provide chip support for artificial intelligence and robotics projects, with total investment potentially reaching up to $119 billion.
Land registration records show that the company, named "WIT Tech LLC," has acquired at least six plots of land in Grimes County, covering a total area of over 6,000 acres (equivalent to nearly 10 square miles). The transaction amount has not yet been disclosed. (Jinshi)