On a SpaceX conference call on October 20, 2026, Elon Musk described a target for Terafab to produce a functional SRAM test chip at its Austin research facility in May or June 2027. Reuters reported his remarks. Musk said volume production in Q3 or Q4 of 2028 was a possible outcome, conditional on execution and testing.

The Austin chip is a process-development milestone

SRAM, or static random-access memory, is a type of memory circuit. Chipmakers commonly use SRAM circuits to refine manufacturing-process development, Reuters reported. That context helps explain the role of the Austin test-chip target: it is a step in developing Terafab’s chip-making process.

Reuters described Terafab as a joint venture involving SpaceX and Tesla. Its planned Texas complex is separate from the Austin research facility and would combine advanced manufacturing, packaging and testing for logic and memory chips.

Volume production is a possible later step

Musk described volume production in Q3 or Q4 of 2028 as one possible outcome after development and testing. The target depends on execution, so the Austin test-chip milestone and the later production window are distinct steps on the reported schedule.

MilestoneReported timingWhat it describes
Functional SRAM test chipMay or June 2027Target at Terafab’s Austin research facility
Volume productionQ3 or Q4 2028Possible outcome, conditional on execution and testing

Musk’s remarks on equipment deliveries

Asked whether SpaceX had ordered EUV lithography machines from ASML, Musk did not answer directly. He thanked ASML and other suppliers for accelerating equipment deliveries. NeoTeo previously covered a report about a possible mid-2027 delivery of Terafab’s first ASML EUV scanner in its earlier coverage of the reported scanner timing.