SpaceX Flags In-House GPU Plan as AI Spending Surges

SpaceX has told investors that its AI expansion may push it toward one of tech's toughest jobs: making GPUs. In its S-1 filing, the company listed possible in-house GPU manufacturing as a major cost associated with AI and related technologies. The disclosure arrived ahead of a summer IPO that could value SpaceX at about $1.75 trillion.

An S-1 is the registration document companies file with the U.S. Securities and Exchange Commission before going public. In the filing, SpaceX pointed to large capital needs as it builds out AI capabilities. At the same time, it warned that chip supply may not keep pace with its growth.

The filing also linked that effort to Terafab, an AI chip complex under development in Austin, Texas. SpaceX is building the site with xAI and Tesla. has said the project targets chips for cars, humanoid robots, and space-based data centers.