# Musk Acknowledges Discussions Related to Terafab-TSMC Cooperation Rumors

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/26544
Published: 2026-10-03T08:47:36.000Z
Updated: 2026-10-03T08:47:36.000Z
Section: Business

> The Tesla and SpaceX project will be located in Austin, with a first-phase investment of $16.8 billion.

Elon Musk acknowledged relevant discussions concerning rumors of potential cooperation between Terafab and Taiwan Semiconductor Manufacturing Co. (TSMC).

Terafab is a project jointly operated by Tesla and SpaceX. It will be located in Austin and aims to reach one trillion watts of computing capacity per year, most of which must be used in space.

The project's first phase has an investment of $16.8 billion.