Elon Musk is scheduled to make a virtual presentation at a technology conference hosted by semiconductor equipment leader ASML on Thursday, where he will outline his ambitious Terafab project – a proposed massive chip manufacturing facility designed to serve Tesla and the soon-to-be-public SpaceX.
The timing coincides with the anticipated pricing announcement for SpaceX’s initial public offering, which industry observers believe could become the largest IPO on record.
According to an ASML spokesperson, “Musk will share his vision on AI, robotics, space, and semiconductor manufacturing.”
The Dutch company characterizes its annual technology gathering as an “internal event for employees only” and declined to provide specific timing for Musk’s appearance. The conference is scheduled to conclude around 5 p.m. local time (1500 GMT).
ASML’s chief executive Christophe Fouquet previously acknowledged having conversations with Musk regarding the Terafab initiative, which represents a potentially significant new client for the European market leader. The company holds a dominant position in the lithography equipment sector, manufacturing specialized machines that create the intricate circuitry patterns on computer chips.
Musk has indicated that SpaceX plans to partner with Intel on the Terafab venture, with the facility ultimately producing semiconductors for both SpaceX operations and Tesla’s Optimus robotic systems.
During March presentations, Musk detailed preliminary plans featuring a Texas-based development facility that would produce lithography masks – templates containing chip patterns used by ASML equipment – enabling rapid prototyping of both logic and memory semiconductors within a single location.
“Musk and his team are becoming part of the broader semiconductor ecosystem, and many companies, including ASML, will collaborate on this initiative,” the company stated.
In a June 6 post on X, Musk praised ASML as “arguably the greatest company in Europe” and suggested it deserves to be “treasured and supported.”
