Acknowledging Samsung, TSMC and other chipmakers, Musk said the Terafab project needs to get off the ground because existing semiconductor partners aren't making chips fast enough. If built, Terafab would be the largest semiconductor manufacturing plant in the world.

The Tesla and SpaceX CEO talks a big game for the plant, saying it would be 100 million square feet. That'd be 12 times the size of Samsung's plant in Taylor.

Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.

Because it is a class action case, it is not clear what amount in damages Musk will have to pay, but it is likely in the billions.

A jury in California found that Elon Musk misled Twitter investors in the runup to his $44 billion purchase of the social media company. Musk was originally sued in late 2022 after completing his acquisition of the social media company,

Chip-equipment makers could benefit from Musk’s plan to manufacture his own chips, analysts say — but the venture is still heavy on hype and light on specifics.

Related: "This Is The Funniest F****** Thing He Possibly Could’ve Said": Trump Just Publicly Roasted JD Vance, And The Internet Is Losing It Elon has actually told the sushi restaurant story before. In a video titled "Elon Musk Drops The FUNNIEST Cheeseburger Story You Will Hear All YEAR Long,

Elon Musk plans massive Terafab chip manufacturing plant - starting with a smaller advanced technology fab in Austin - as he looks to put data centers in space.