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By Charlotte Hughes-Morgan and Sarah Jacob

June 6, 2026 at 10:53 AM EDT

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Elon Musk will virtually attend a closed door technology conference run by ASML Holding NV to discuss his Terafab project, which the chip-equipment maker considers a “serious endeavor.”

ASML invited Musk to speak to employees about Terafab, a SpaceX-Tesla joint venture to produce cutting-edge chips for robotics, artificial intelligence and space data centers. The joint venture, unveiled in March, recently announced plans to build a chip factory in the US which will cost at least $55 billion.

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