16.8B$ is just the initial investment to create the new Terafab chip factory in Texas, can't imagine the final cost.
And in the meantime... EU is planning to budget 10B for AI 😖
techcrunch.com/2026/08/06/te…
Link
Tesla and SpaceX will invest $16.8B to start building 'Terafab' chip factory in Texas | TechCrunch
After months of speculation, the companies formally announced the massive project will happen just north of Houston.
techcrunch.com