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Aug 6 · 15:51 ET · 03:51+1 UTC+8RegularFutu Global Flash · TSLA

SpaceX plans gas-fired power plant and large battery storage for Texas chip factory

SpaceX plans to build its own power facilities for Terafab, the large semiconductor manufacturing plant it is developing with Tesla in Texas. Riley Trettel, who leads SpaceX's energy and data-center development, said Wednesday in Grimes County, Texas, that the project would be self-sufficient, with a gas-fired power p…

aisemiconductorsteslaPrice at publishQQQ 714.26 / -0.42%SPY 767.78 / -0.26%
Market reaction
1m5m15m30m60mBefore QQQ0.09%0.08%0.18%0.23%0.13%After QQQ0.01%0.14%0.20%0.14%0.05%Before SPY0.09%0.08%0.15%0.22%0.15%After SPY0.00%0.10%0.16%0.12%0.04%
Aug 6 · 11:08 ET · 23:08 UTC+8RegularFutu Global Flash · TSLA

TeraFab project to launch in Texas, targeting more than 1 terawatt of annual compute capacity

Tesla said SpaceX and Tesla announced the TeraFab project earlier this year, describing it as the world's largest chip-manufacturing initiative integrating logic chips, memory chips and advanced packaging in one facility. In April, Tesla broke ground on a new research-and-development wafer fab at the north campus of G…

aisemiconductorsteslaPrice at publishQQQ 718.65 / +0.19%SPY 770.69 / +0.12%
Market reaction
1m5m15m30m60mBefore QQQ0.03%0.08%0.29%0.18%0.34%After QQQ0.00%0.01%0.26%0.33%0.47%Before SPY0.02%0.02%0.10%0.05%0.08%After SPY0.01%0.05%0.24%0.26%0.33%
Aug 6 · 07:47 ET · 19:47 UTC+8PremarketBenzinga · TSLA

Tesla's Battery Business Is Growing Faster Than Its Cars— and a New Texas Factory for Megapack 3 Just Went Live

Tesla's Brookshire plant has started producing Megapack 3 batteries, expanding its energy storage capacity and potentially increasing profits.

teslaPrice at publishQQQ 714.60 / -0.38%SPY 771.25 / +0.19%
Market reaction
1m5m15m30m60mBefore QQQ0.01%0.06%0.02%0.18%0.03%After QQQ0.01%0.17%0.20%0.30%0.24%Before SPY0.01%0.02%0.04%0.06%0.05%After SPY0.00%0.10%0.08%0.12%0.06%
Aug 5 · 08:25 ET · 20:25 UTC+8PremarketBenzinga · TSLA/SPCX

Why Did SpaceX Spend $295 Million on Tesla Batteries? The Latest Filing Offers a Clue as Elon Musk's Companies Grow Even More Intertwined

SpaceX bought $295 million of Tesla's Megapack batteries in Q2, deepening ties between two of Musk's biggest companies.

teslaPrice at publishQQQ 725.00 / +0.16%SPY 775.17 / +0.50%
Market reaction
1m5m15m30m60mBefore QQQ0.01%0.04%0.08%0.05%0.03%After QQQ0.01%0.03%0.03%0.02%0.06%Before SPY0.00%0.02%0.06%0.09%0.06%After SPY0.00%0.00%0.02%0.04%0.01%
Aug 4 · 19:24 ET · 07:24+1 UTC+8After-hoursFutu Global Flash · NVDA/ARM

SpaceX to exclusively use Nvidia AI architecture and plans space-based data centers

On August 4, SpaceX CEO Elon Musk said during the company's first earnings call that its future AI services will run exclusively on Nvidia systems. Musk called Nvidia's Vera Rubin architecture the best AI computing architecture. SpaceX expects its computing capacity to exceed 2 GW by year-end and approach 10 GW by the…

ainvidiateslaearningsPrice at publishQQQ 722.72 / +3.24%SPY 772.85 / +2.00%
Market reaction
1m5m15m30m60mBefore QQQ0.00%0.02%0.02%0.12%After QQQ0.03%0.04%0.09%0.02%Before SPY0.00%0.02%0.02%0.04%After SPY0.00%0.00%0.06%0.03%