Elon Musk-Linked Shell Company Reportedly Buys Land Outside Houston, Chip Factory Could Land Here

BlockBeats News, June 3rd, according to Bloomberg, a shell company associated with Musk has recently purchased a property in a rural area outside Houston, USA, indicating its possible site selection for the planned $55 billion chip factory Terafab.

The Terafab project is jointly promoted by SpaceX, Tesla, and xAI, aiming to provide chip support for AI and robotics projects, with a total investment of up to $119 billion.

Land records show that the company named "WIT Tech LLC" has purchased at least 6 parcels of land in Grimes County, with a total area of ​​over 6,000 acres (equivalent to nearly 10 square miles), and the transaction amount has not been disclosed.

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