I'm John Batchler. Bob Zimmerman, he keeps the website behind the black. We're going to Texas, but not Boca Chica.

Instead, I think we're going to a new manufacturing facility that is a combination of SpaceX, XAI, which is Twitter, and Tesla.

Bob, what are they building in Texas now? Good evening to you.

Good evening, John. Well, Elon Musk made this announcement over the past weekend

um he is going to build a large scale computer chip factory in texas dubbed terra fab and it's designed to

produce needed chips needed for SpaceX for xa i and Tesla. Those are all three companies that Elon Musk basically runs.

The bottom line of this is that very early on in building SpaceX and the Falcon rockets,

Musk realized that he needed to do it vertically, what they call vertical integration.

His early history, he learned that being dependent on outside contractors was often crippling. Sometimes those outside contractors were

competitors, and they actually worked to sabotage his effort. So he decided SpaceX would be

vertically integrated. In other words, do as much work as possible in-house.

Well, it appears he's recognized that if he wants to build giant data center orbiting constellations

and on the moon, he's going to need a lot of computer chips of the highest technical capability.

And so he's applying this integrated policy now to this issue, and he's going to build his own ship factory.

He's going to start out in the Austin area building this very large facility.

And then obviously later on, he'll move it up to the moon.

That's his plan.

And so that's the story, John.

I noted in that presentation, it was very science fictionate, very exciting, and the audience cheered everything,

that they're talking about space being a better environment for chip making because the power's

always on. The sun's never off. I hadn't considered talking about it that way. The sun doesn't

have an off switch, not in the foreseeable future. And also, something about glass not having to be as protected

...