AI News Hub Logo

AI News Hub

SpaceX Flags at Least $55 Billion Investment in Chip Plant

Bloomberg Technology
Bloomberg Technology

Elon Musk’s SpaceX estimated a chip factory it plans to build along with Tesla Inc. will cost at least $55 billion, with total investment potentially exceeding the amount the rocket maker aims to raise from a record initial public offering. Bloomberg's George Ferguson joins Bloomberg Intelligence to discuss. (Source: Bloomberg)