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.

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.

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

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,

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.

Musk launched the "TERAFAB" project at an event inside the old Seaholm power plant on Saturday night. He said the project would include an Austin-area "advanced technology" facility and thanked Gov. Greg Abbott for his support.

Father in Iceland says he lost custody after opposing his 11-year-old autistic son's sex reassignment, claiming courts prioritized ideology over parental rights.

Tesla Inc. and SpaceX CEO Elon Musk on Saturday unveiled plans for the Terafab project, a joint venture between the two companies that is aimed at transforming chip manufacturing for space and AI applications.