Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing - CNBC

As SpaceX prepares for what could be the largest IPO in history, CEO Elon Musk met with ASML employees, highlighting the critical role of chip manufacturing in his core businesses. ASML, the sole prov... Read original →

Musk’s push into chipmaking ahead of SpaceX’s IPO is a strategic play to vertically integrate AI and autonomous driving. Terafab’s scale would lock in massive ASML EUV demand, accelerating High-NA adoption and narrowing the process window for TSMC and Samsung below 3nm. Yet internal dissent at ASML reveals the fragility of its geopolitical neutrality—if U.S. export controls expand to third-party customers, global delivery costs will surge. TSMC and its Taiwan, China supply chain may fast-track Musk-free alternatives, while Intel could leverage closer White House ties for subsidy advantages. Over the next 18 months, Terafab’s politically-backed funding model may inspire copycats across the U.S. and Europe, but local opposition and talent shortages will delay ramp-up, exacerbating the advanced-node supply gap.