The companies, led by the world's first trillionaire, also released a new rendering and a 53-second video showing what the massive manufacturing project would look like. Terafab Texas will be the largest and most valuable building on Earth by far. SpaceX and Tesla estimate their combined demand for chips is expected to surpass 1 terawatt of compute, equal to 1,000 gigawatts. The announcement from SpaceX and Tesla said they encourage other chip suppliers "to expand production whenever possible" to help fill the widening gap between supply and demand of these chips. And in 2024, SpaceX shifted its headquarters from California to Starbase, a hub for manufacturing its rockets near the Mexican border.