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SpaceX's Next Big Business Isn't Rockets. It's Computer Chips.

The newly public space company is quietly buying its way into the AI hardware race.

SpaceX's Next Big Business Isn't Rockets. It's Computer Chips.

Published July 3, 2026 · Category: Finance

Overview

Six months ago, SpaceX (NASDAQ: SPCX) was a private rocket company. Today, it is a public one worth more than $2 trillion, and its most intriguing new project has nothing to do with launching rockets. In March 2026, Elon Musk unveiled Terafab, a sprawling semiconductor venture, run alongside his electric-car company Tesla (NASDAQ: TSLA) and AI start-up xAI, with Intel (NASDAQ: INTC) later signing on to contribute manufacturing technology. The pitch is audacious: build chips not just for cars and robots, but for artificial intelligence (AI) data centers in orbit.

For a company this new to the public market, it's worth asking what a bet like that could mean -- and what it's worth today.

Image source: Getty Images.

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Originally published at www.fool.com.

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