{"slug": "elon-musk-will-pitch-spacex-s-terafab-chip-moonshot-to-employees-at-europe-s", "title": "Elon Musk will pitch SpaceX's Terafab chip moonshot to employees at Europe's biggest tech company", "summary": "Elon Musk will address ASML employees in a virtual fireside chat next Thursday to pitch SpaceX's Terafab semiconductor concept, according to internal communications seen by Business Insider. The event, held at Europe's most valuable tech company's annual technology conference, comes one day before SpaceX's planned public debut at a potential $1.75 billion valuation. ASML, the sole manufacturer of critical EUV chipmaking machines, is a key supplier for the Terafab joint venture between SpaceX, Tesla, and Intel, which underpins SpaceX's ambitious plans to deploy orbital data centers requiring massive chip production.", "body_md": "Elon Musk is kicking off [SpaceX's public debut](https://www.businessinsider.com/spacex-ipo-why-investors-have-to-buy-spcx-elon-musk-2026-6) with a personal pitch to employees at a critical Terafab supplier.\n\nThe SpaceX founder will participate in a virtual fireside chat with ASML CEO Christophe Fouquet at the company's annual technology conference next Thursday, according to internal communications seen by Business Insider.\n\nThe event will see Musk \"share his vision on AI, robotics, space, and semiconductor manufacturing, including the Terafab concept\" with ASML engineers and other employees, according to a description posted on an internal employee portal.\n\nASML [describes the technology conference](https://www.asml.com/en/technology/how-we-innovate), which is not open to the public, as a global event for employees and partners to share technical innovations and breakthroughs.\n\nThe virtual event comes a day before SpaceX is set to go public at a potential valuation of $1.75 billion.\n\nThe Terafab, a joint venture between [SpaceX, Tesla, and Intel](https://www.businessinsider.com/elon-musk-spacex-terafab-chip-factory-texas-opposition-ai-backlash-2026-6) to construct a series of enormous semiconductor factories, is a key part of SpaceX's pitch to investors.\n\nMuch of SpaceX's [valuation and revenue projections](https://www.businessinsider.com/spacex-ipo-wild-bet-physical-future-ai-orbital-data-centers-2026-5) are built on the company's ambitious plans to deploy up to a [million orbital data centers](https://www.businessinsider.com/spacex-hiring-elon-musk-data-centers-in-space-2026-2), which Musk has said will require an enormous supply of chips built in-house by the Terafab.\n\nNetherlands-based ASML, Europe's most valuable tech company, is a critical part of that vision. It is the only company that makes [extreme ultraviolet lithography (EUV) machines](https://www.businessinsider.com/asml-manager-cuts-layoffs-leaked-doc-chips-2026-4) — bus-sized devices that are vital for producing cutting-edge semiconductors at scale.\n\nASML CEO Fouquet [told Reuters](https://www.reuters.com/business/autos-transportation/asml-ceo-sees-tight-supply-booming-chip-market-ai-demand-soars-2026-05-20/) last month that he had spoken to Musk about the Terafab project, without providing details.\n\nHe added that he expects SpaceX's ambitious aims to scale to a terawatt of AI compute a year will likely lead to supply bottlenecks in the semiconductor market in the coming years.\n\nASML and SpaceX did not respond to requests for comment.", "url": "https://wpnews.pro/news/elon-musk-will-pitch-spacex-s-terafab-chip-moonshot-to-employees-at-europe-s", "canonical_source": "https://www.businessinsider.com/elon-musk-pitch-spacex-terafab-chip-moonshot-asml-employees-2026-6", "published_at": "2026-06-05 16:18:56+00:00", "updated_at": "2026-06-05 16:46:59.808400+00:00", "lang": "en", "topics": ["ai-chips", "ai-infrastructure", "ai-startups", "robotics", "artificial-intelligence"], "entities": ["Elon Musk", "SpaceX", "ASML", "Christophe Fouquet", "Tesla", "Intel", "Terafab"], "alternates": {"html": "https://wpnews.pro/news/elon-musk-will-pitch-spacex-s-terafab-chip-moonshot-to-employees-at-europe-s", "markdown": "https://wpnews.pro/news/elon-musk-will-pitch-spacex-s-terafab-chip-moonshot-to-employees-at-europe-s.md", "text": "https://wpnews.pro/news/elon-musk-will-pitch-spacex-s-terafab-chip-moonshot-to-employees-at-europe-s.txt", "jsonld": "https://wpnews.pro/news/elon-musk-will-pitch-spacex-s-terafab-chip-moonshot-to-employees-at-europe-s.jsonld"}}