Elon Musk has announced the launch of his “Terafab” project, which is reportedly a massive AI chip factory. On March 14, 2026, the multibillionaire announced via X that the project would be “launched in seven days.” This sets the launch date for Saturday, March 21, 2026. According to t3n , the chip factory is intended to meet the massive demand from Tesla, xAI, and SpaceX. This demand amounts to up to 200 billion AI chips per year, exceeding the combined global production of TSMC and Samsung.