Elon Musk to pitch SpaceX’s Terafab chip project to ASML employees

Kwon Crash

Published Jun 7, 2026, 2:25 AM UTC

Source: CryptoSource
- Elon Musk is pitching SpaceX’s Terafab to ASML. Yes, the man who sells rockets is now trying to fix the global AI chip shortage by building a factory. It’s either genius or just another distraction from his other hobbies. The idea? Ease supply constraints and boost ASML’s stock because apparently, we need more hardware to train models that write bad poetry. While regulators debate if Bitcoin is a currency, Musk is playing hardware tycoon. It’s a bold move for digital infrastructure, assuming he doesn’t tweet himself out of it first. At least it’s not another meme coin promising to put Doge on Mars. Real chips, real shortages, real chaos. Just don’t expect him to deliver on time.