Elon Musk will appear online at Dutch chip-equipment leader ASML’s virtual technology event on Thursday to outline his planned large-scale chip fab, dubbed "Terafab", intended to supply chips to Tesla and to SpaceX ahead of SpaceX’s IPO. SpaceX’s IPO pricing is expected later Thursday; the transaction could be among the largest IPOs in history.

2026-06-11

Elon Musk will appear online at Dutch chip-equipment leader ASML’s virtual technology event on Thursday to outline his planned large-scale chip fab, dubbed "Terafab", intended to supply chips to Tesla and to SpaceX ahead of SpaceX’s IPO. SpaceX’s IPO pricing is expected later Thursday; the transaction could be among the largest IPOs in history.