Search results for Grimes County
Industry
Samsung Electronics spreads semiconductor bases to prepare for order battles after supply crunch
Samsung Electronics is spreading semiconductor research, testing and production bases across Japan, Vietnam and the United States as tight memory supply persists. It is aiming to offer customers alternative supply options without disruptions, while preparing for competition to secure customers once shortages ease. The company is building an advanced packaging research base in Yokohama, a back-end processing hub in Thai Nguyen, and an advanced foundry line in Taylor, Texas.
Industry
Elon Musk bets 100 billion dollars on Louisiana as SpaceX builds giant Starbase
SpaceX plans to invest $100 billion to build a large space launch complex in Vermilion Parish, Louisiana, replicating and expanding its Texas Starbase. Louisiana Governor Jeff Landry said the project includes a Starship factory and launch pads. SpaceX targets a 2027 start and a 2029 first launch, while the state development agency offered a later timeline. The plan includes job creation, but environmental issues on Pecan Island could be a key challenge.
Industry
SpaceX shares reclaim $135 IPO price on Vietnam satellite launch deal
SpaceX shares climbed back above their $135 initial public offering price after news of a deal to launch the first satellite for VinSpace, a space unit of Vietnam conglomerate Vingroup, in the second quarter of 2027 under SpaceX’s Transporter program. The stock rose 4.2 percent to close at $138.74 on Aug. 10. The report also cited higher AI investment costs and a $541 million net loss despite revenue growth.
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Industry
Tesla, SpaceX unveil details of $16.8 billion Terafab, Musk calls it most valuable building on Earth
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Industry
SpaceX lock-up expiry could release 911.5 million shares ahead of first earnings
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Mobility
Musk\'s 172.4 trillion won Terafab bet, Japan\'s cardboard drone grabs attention
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Industry
Musk\'s Terafab takes shape as SpaceX eyes up to $119 billion investment