Musk-Linked Companies Purchase Over 6,000 Acres in Texas, Suspected Site for $55 Billion Chip Factory

Miles Bennett
Published 2026-06-02About 6 min read

A shell company tied to Elon Musk, WIT Tech LLC, has acquired over 6,000 acres in Grimes County, Texas — strong evidence points to the site of Terafab, a $55 billion mega-fab serving Tesla, SpaceX, and xAI.

01

Who is buying the land, and how much?

WIT Tech LLC has completed at least six land purchases in Grimes County, outside Houston, totaling over 6,000 acres — roughly 10 square miles.
Transaction amounts remain undisclosed, but the footprint rivals that of a small town.
This means → this is not routine industrial land banking; it is groundwork for a manufacturing complex at unprecedented scale.
02

What ties this land to Musk?

The company's latest annual report, filed with Wyoming, was signed by Musk's key lieutenant Jared Birchall.
Its registered mailing address matches xAI's headquarters in Palo Alto, California.
In multiple property filings, xAI general counsel James Burnham appeared as WIT Tech's authorized representative.
In plain terms = the signatory, the address, and the lawyer all point to Musk — the only thing missing is his personal confirmation.
03

What will Terafab actually produce?

Musk first unveiled the Terafab plan in March, a joint effort by SpaceX, Tesla, and xAI.
The factory aims to produce self-sufficient, high-performance chips for AI, robotics, and space applications.
Two product lines: one for Tesla's Optimus humanoid robot and EVs, the other for space-related use cases.
04

How big is the investment?

A Grimes County filing shows first-phase capital expenditure of at least $55 billion.
If all subsequent expansions proceed, total investment could reach $119 billion.
This means → the first phase alone matches TSMC's largest U.S. fab investment — Musk is attempting to build an independent chip supply chain from scratch.
05

What role does Intel play?

Intel formally joined the Terafab project in April.
It will provide support in chip design, manufacturing, and advanced packaging.
This reflects Intel's broader pivot from making its own chips to making chips for others — and Musk is handing it arguably the largest single foundry contract to date.

Content is for reference only, not financial advice.