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Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.
TL;DR
- Elon Musk spoke to ASML employees virtually about the significance of chip manufacturing for SpaceX.
- SpaceX is planning a massive chip fabrication plant in Texas called Terafab.
- ASML is the only company in the world that produces the advanced machines needed for extreme ultraviolet lithography.
- These machines are crucial for manufacturing leading-edge chips for AI, which SpaceX will need for its data centers.
- Musk previously praised ASML as 'arguably the greatest company in Europe'.
- Some ASML employees expressed concerns about Musk's appearance, citing his political involvement and alleged sympathies.
- ASML maintains a neutral profile to work with global chip manufacturers.
- SpaceX is preparing for what could be the largest IPO on record.