Musk-linked shell company reportedly buys land outside Houston, chip factory may be located here

Odaily Planet Daily News A shell company associated with Elon Musk has purchased properties in a rural area outside Houston, Texas, in recent weeks, suggesting it may be finalizing the location for a planned $55 billion chip factory, Terafab. The Terafab project, jointly promoted by SpaceX, Tesla, and xAI, aims to provide chip support for artificial intelligence and robotics projects, with a total investment of up to $119 billion.

Land registration records show that the company, named "WIT Tech LLC," has purchased at least 6 plots of land in Grimes County, with a total area exceeding 6,000 acres (equivalent to nearly 10 square miles). The transaction amount has not yet been disclosed. (Jin Shi)