Grimes County, Texas, is about to become ground zero for Elon Musk’s biggest swing yet.
It’s another crushing loss for California, which, once upon a time, might well have played host to the gargantuan project.
To no one’s surprise, it won’t come cheap. Musk’s companies are starting with an initial investment of $16.8 billion, with a goal of $55 billion and the possibility of the figure rising to nearly $120 billion if extra phases are completed, Reuters reported.
The ambitious goal is to create a one-stop shop to address the needs of SpaceX, Tesla, and the U.S. government, all under one roof.
But that’s not all.
‘Thousands of high-paying jobs in the Lone Star State.’
The announcement of the facility, dubbed Terafab, comes after President Trump signed an
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