Shell companies linked to Elon Musk reportedly purchase land in the outskirts of Houston, potential site for chip factory
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```htmlGolden Ten Data reported on June 3 that a shell company linked to Musk has purchased properties in recent weeks in a rural area outside Houston, USA, suggesting it may be finalizing a site for the planned $55 billion chip factory Terafab. The Terafab project is jointly promoted by SpaceX, Tesla, and xAI, aiming to provide chip support for artificial intelligence and robotics projects, with a total investment of up to $119 billion. Land registration records show that a company called "WIT Tech LLC" has acquired at least six plots in Grimes County, with a total area of over 6,000 acres (nearly 10 square miles). The transaction amount has not been disclosed.```
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