Texas Scorecard by Grant Halk August 6, 2026
SpaceX is building a new semiconductor facility to consolidate the company’s supply chain. Gov. Greg Abbott announced the expansion of SpaceX facilities in Grimes County on Thursday.
Elon Musk’s SpaceX is constructing a 100-million-square-foot vertically integrated semiconductor facility called the Terafab. If fully built, it would be the largest semiconductor facility and one of the largest industrial buildings ever constructed in the world.
The first phase of the Terafab project will see $16.8 billion in capital invested in the facility’s construction, along with the creation of 3,000 jobs in Grimes County.
A Texas Enterprise Fund grant of $30 million has been awarded to SpaceX, and the new program meets the Texas Job, Energy, Technology, and Innovation (JETI) program requirements.
TEF is a performance-based grant, administered by the Texas Economic Development & Tourism Office within the Office of the Governor, that may be awarded to a business relocation or expansion project for which one Texas site competes with out-of-state locations to create new, good-paying jobs in the community and attract significant new capital investment to the state.
More:
https://texasscorecard.com/local/abbott-announces-new-spacex-factory-in-grimes-county/
