Governor Greg Abbott has announced that SpaceX will be expanding in Texas. The company plans to build a semiconductor fabrication plant in Grimes County. This project, known as Terafab, will involve a significant investment.

The first phase is expected to create a substantial number of new jobs. Further details about the project, including its scope and timeline, are available from the Office of the Governor. The initial investment and job creation numbers have been released, with more information likely to follow as the project progresses.