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Elon Musk xAI / Tesla · CEO
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Musk says Terafab will need tens of billions in capital through early 2028 and likely over $100 billion long term.

it's going to be some pretty significant capital. It's certainly in the tens of billions for Terafab. Although we've got to figure out like what the sort of relative split is between SpaceX and Tesla in terms of who pays for what at Terafab. But it's not going to be less than tens of billions in capital equipment up through early 2028. And then it will be -- it will probably be north of $100 billion long term.

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Other recent statements by Elon Musk

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Musk responded furiously on X to Kara Swisher's prediction that Democrats would investigate him, implying she wants to go to prison.

"Live by the sword, die by the sword," he posted on X. "Sounds like Swisher really wants to go to prison."
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Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027 to free capacity for more Cybercab production.

Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year to make room for increased Cybercab production,
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Musk quipped that space-based data centers look appealing after the midterms, amid worries about a regulatory slowdown on data center construction.

"Data centers in space looking pretty appealing right now," he added in another post.
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Musk quipped on X that space-based data centers look appealing after the midterm backlash against terrestrial data centers.

"Data centers in space looking pretty appealing right now," Musk wrote on X on Wednesday.
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Musk posted on X that space-based data centers look appealing after Texas election results raised the prospect of data center restrictions.

“Data centers in space looking pretty appealing right now,” Musk wrote, referencing his ultimate ambitions.