Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows - CNBC Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows CNBC
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Elon Musk
Elon
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Who is this?
Elon Reeve Musk ( EE-lon; born June 28, 1971) is a businessman and entrepreneur known for his leadership of Tesla, SpaceX, X, and xAI. Musk has been the wealthiest person in the world since 2025; as of April 2026, Forbes estimates his net worth to be US$809 billion. Born into the wealthy Musk family in Pretoria, South Africa, Musk emigrated in 1989 to Canada; he has Canadian citizenship since his mother was born there. He received bachelor's degrees in 1997 from the University of Pennsylvania before moving to California to pursue business ventures. In 1995, Musk co-founded the software company Zip2. Following its sale in 1999, he co-founded X.com, an online payment company that later merged to form PayPal, which was acquired by eBay in 2002. Musk also became an American citizen in 2002. In 2002, Musk founded the space technology company SpaceX, becoming its CEO and chief engineer; the company has since led innovations in reusable rockets and commercial spaceflight. Musk joined the automaker Tesla as an early investor in 2004 and became its CEO and product architect in 2008; it has since become a leader in electric vehicles. In 2015, he co-founded OpenAI to advance artificial intelligence (AI) research, but later left; growing discontent with the organization's direction and leadership in the AI boom in the 2020s led him to establish xAI, which became a subsidiary of SpaceX in 2026. In 2022, he acquired the social network Twitter, implementing significant changes, and rebranding it as X in 2023. His other businesses include the neurotechnology company Neuralink, which he co-founded in 2016, and the tunneling company the Boring Company, which he founded in 2017. In November 2025, a Tesla pay package worth $1 trillion for Musk was approved, which he is to receive over 10 years if he meets specific goals. Musk is a supporter of global far-right politics, figures, and political parties. He was the largest donor in the 2024 U.S. presidential election, where he supported Donald Trump. After Trump was inaugurated as president in January 2025, Musk served as Senior Advisor to the President and as the de facto head of the Department of Government Efficiency (DOGE). Shortly before a public feud with Trump, Musk left the Trump administration in May 2025 and returned to managing his companies. Musk's political activities, statements and views have made him a polarizing figure. He has been criticized for making unscientific and misleading statements, including spreading COVID-19 misinformation, promoting conspiracy theories, and affirming antisemitic, racist, and transphobic comments. His acquisition of Twitter was controversial due to a subsequent increase in hate speech and the spread of misinformation on the service, following his pledge to decrease censorship. His role in the second Trump administration attracted public backlash, particularly in response to DOGE. The emails Musk sent to Jeffrey Epstein are included in the Epstein files, which were publis
Career
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What happened recently
Report: SpaceX IPO gives Musk unchecked power and forbids investor lawsuits - Ars Technica Report: SpaceX IPO gives Musk unchecked power and forbids investor lawsuits Ars Technica
Musk vs. Altman: Was the Mother to (4 of) Elon’s Kids an Unwitting Agent for OpenAI? - Vanity Fair Musk vs. Altman: Was the Mother to (4 of) Elon’s Kids an Unwitting Agent for OpenAI? Vanity Fair
Shivon Zilis, mother of four of Musk's children, takes the stand at OpenAI trial - NBC News Shivon Zilis, mother of four of Musk's children, takes the stand at OpenAI trial NBC News
Anthropic will get compute capacity from Elon Musk's SpaceX - Axios Anthropic will get compute capacity from Elon Musk's SpaceX Axios
SpaceX files plan for $55 billion Terafab chip facility in Texas - Reuters SpaceX files plan for $55 billion Terafab chip facility in Texas Reuters
Elon Musk considers site near College Station for new chipmaking facility - KHOU Elon Musk considers site near College Station for new chipmaking facility KHOU
SpaceX IPO gives Musk sweeping power and curbs shareholder rights - Reuters SpaceX IPO gives Musk sweeping power and curbs shareholder rights Reuters
SpaceX Files Plan for $55 Billion Terafab Chip Facility in Texas - U.S. News & World Report SpaceX Files Plan for $55 Billion Terafab Chip Facility in Texas U.S. News & World Report
Boycotts Hurt Tesla’s Sales. Now, Activists Are Taking On Elon Musk’s SpaceX IPO - WIRED Boycotts Hurt Tesla’s Sales. Now, Activists Are Taking On Elon Musk’s SpaceX IPO WIRED
“Musk’s efficiency is wrong”… Republican group calls for restoration of U.S. foreign aid - News 1 “Musk’s efficiency is wrong”… Republican group calls for restoration of U.S. foreign aid News 1
Brockman: "Musk wants to own Open AI to colonize Mars... Tesla is also forcing unpaid work" - AI Times Brockman: “Musk wants to own Open AI to colonize Mars…Tesla is also forcing unpaid work” AI Times
OpenAI expects $50 billion in AI infrastructure investment this year - co-founder - Reuters OpenAI expects $50 billion in AI infrastructure investment this year - co-founder Reuters
Republican-led group mounts $8mn midterms push to undo Musk aid cuts - Financial Times Republican-led group mounts $8mn midterms push to undo Musk aid cuts Financial Times
OpenAI president says Musk hopes to use OpenAI to raise $80 billion for Mars program - SpaceX - cnBeta.COM OpenAI president says Musk hopes to use OpenAI to raise $80 billion for Mars program - SpaceX cnBeta.COM
Elon Musk considers site near College Station for his Terafab chipmaking facility - The Business Journals Elon Musk considers site near College Station for his Terafab chipmaking facility The Business Journals
BENEFICIAL OWNERSHIP—D.D.C.: Elon Musk trust agrees to $1.5M penalty for reporting failure - VitalLaw.com BENEFICIAL OWNERSHIP—D.D.C.: Elon Musk trust agrees to $1.5M penalty for reporting failure VitalLaw.com
The legendary video service “Vine” is back! Eliminate AI & restart with creator first - au web portal The legendary video service “Vine” is back! Eliminate AI & restart with creator first au web portal
The legendary video service “Vine” is back! Eliminate AI & restart with creators first - Gizmodo Japan The legendary video service “Vine” is back! Eliminate AI & restart with creators first Gizmodo Japan
Amber Heard and Haunted Mansion After the Whiskey Party... The moment of separation between Musk and Open AI - Dong-A Ilbo Amber Heard and Haunted Mansion After the Whiskey Party... The moment of separation between Musk and Open AI Dong-A Ilbo
OpenAI President Brockman's diary exposed: Said Musk doesn't understand AI - Sina Finance OpenAI President Brockman’s diary exposed: Said Musk doesn’t understand AI Sina Finance
Open AI “Expected to spend 73 trillion won on computing capacity this year” - Financial Consumer News Open AI “Expected to spend 73 trillion won on computing capacity this year” Financial Consumer News
Open AI “$50 billion spent on computing this year”… Investment battle amid Musk lawsuit - CBC News Open AI “$50 billion spent on computing this year”… Investment battle amid Musk lawsuit | CBC News
OpenAI President Brockman's diary exposed: Said Musk doesn't understand AI - Sina Finance OpenAI President Brockman’s diary exposed: Said Musk doesn’t understand AI Sina Finance President of OpenAI: Musk doesn’t understand AI and wants control to raise $80 billion to colonize Mars Phoenix.com Musk seeks settlement in OpenAI lawsuit Sohu Musk’s trial revealed another shocking revelation: He sent a lover undercover to poach people from OpenAI - People - Elon Musk cnBeta.COM Musk and OpenAI management, court battle Sina Finance OpenAI President Trial: Musk’s Lawyer Questions $30 Billion Focus News The lawyer who once defeated Musk will face Musk again this time Sina Finance
Testimony overturning Musk's claims has emerged... A new phase in the battle to commercialize Open AI - Global Economics Testimony overturning Musk's claims has emerged... A new phase in the battle for commercialization of Open AI Global Economics
Elon Musk Wanted OpenAI to Go Commercial, Greg Brockman Testifies - The New York Times Elon Musk Wanted OpenAI to Go Commercial, Greg Brockman Testifies The New York Times
The Musk trial is only gossip, but there is a real trial that will change the AI game - Nate The Musk trial is only gossip, but there is a real trial that will change the AI game. Nate
‘I Actually Thought He Was Going to Hit Me,’ OpenAI’s Greg Brockman Says of Elon Musk - WIRED ‘I Actually Thought He Was Going to Hit Me,’ OpenAI’s Greg Brockman Says of Elon Musk WIRED
Elon Musk’s Vegas Loop may replace/merge with Las Vegas Monorail - KLAS 8 News Now Elon Musk’s Vegas Loop may replace/merge with Las Vegas Monorail KLAS 8 News Now
President of OpenAI: Musk doesn’t understand AI and wants control to raise US$80 billion to colonize Mars - ifeng.com President of OpenAI: Musk doesn’t understand AI and wants control to raise $80 billion to colonize Mars Phoenix.com
Elon Musk's former subordinate reveals Tesla's method for accelerating innovation - Business Insider Japan Elon Musk's former subordinate reveals Tesla's innovation acceleration method Business Insider Japan
OpenAI co-founder says he feared Musk would ‘physically attack’ him - NBC News OpenAI co-founder says he feared Musk would ‘physically attack’ him NBC News
Musk vs. Altman, the ``distilled version of open AI'', the courtroom is buzzing in the first week - MIT Technology Review Musk vs. Altman, who “distilled open AI”, gets into court in Week 1 MIT Technology Review
Intel Joined Elon Musk's Terafab. Will This Catalyst Cement the Stock's Turnaround? - The Motley Fool Intel Joined Elon Musk's Terafab. Will This Catalyst Cement the Stock's Turnaround? The Motley Fool
Week 1 — Head-on collision of AI giants, marking the beginning [Musk vs. Altman] - Jose Ilbo Week 1 — Head-on collision of AI giants, marking the beginning [Musk vs. Altman] | Jose Ilbo
'Political stunts' and 'efforts to humiliate': See how federal workers responded to Musk's '5 things' emails - Business Insider 'Political stunts' and 'efforts to humiliate': See how federal workers responded to Musk's '5 things' emails Business Insider
``$80 billion to colonize Mars,'' Musk demands full control over open AI - Testimony - Reuters ``$80 billion to colonize Mars,'' Musk demands full control over open AI - testimony Reuters
I am your father? Did Musk really secretly create Dogecoin? - Coin Leaders I am your father? Did Musk really create Dogecoin secretly? Coin Leaders
OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla - CNBC OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla CNBC
Musk wanted $80 billion to colonize Mars, OpenAI president testifies at trial - Reuters Musk wanted $80 billion to colonize Mars, OpenAI president testifies at trial Reuters
2 Notable Numbers for Tesla Stock Today. Which One Matters More. - Barron's 2 Notable Numbers for Tesla Stock Today. Which One Matters More. Barron's
Open AI co-founder owns 44 trillion won in shares... Musk "Give back" - v.daum.net Open AI co-founder owns 44 trillion won in shares... Musk "Give back" v.daum.net
The Elon Musk-OpenAI trial is producing more heat than light in the debate over who should control AI - Fortune The Elon Musk-OpenAI trial is producing more heat than light in the debate over who should control AI Fortune
'I thought he was going to hit me' OpenAI co-founder says of Musk - BBC 'I thought he was going to hit me' OpenAI co-founder says of Musk BBC
Elon Musk’s Grok Loses Users This Year As Rivals Claude, Gemini Rise - Forbes Elon Musk’s Grok Loses Users This Year As Rivals Claude, Gemini Rise Forbes
Elon Musk’s Voting Control of SpaceX Jumped to 84%, New Filing Shows - The Information Elon Musk’s Voting Control of SpaceX Jumped to 84%, New Filing Shows The Information
Musk “Retirement savings are meaningless” vs. experts “Distance from reality” - Global Economics Musk: “There is no point in saving for retirement” vs. Experts: “Distance from reality” Global Economics
Trump admin moves further into AI oversight, will test Google, Microsoft and xAI models - CNBC Trump admin moves further into AI oversight, will test Google, Microsoft and xAI models CNBC
FTC Settles With Media Matters After Watchdog Group Claimed Agency Retaliation For Article On Elon Musk’s X - Deadline FTC Settles With Media Matters After Watchdog Group Claimed Agency Retaliation For Article On Elon Musk’s X Deadline
Elon Musk makes shocking admission about Sam Altman and OpenAI - thestreet.com Elon Musk makes shocking admission about Sam Altman and OpenAI thestreet.com