Story perspectives

Musk Virtually Highlights $150 B SpaceX IPO, ASML Chip Fab

6/11/2026

Summary

Story summary

Elon Musk, SpaceX CEO, will appear virtually at an ASML conference in the Netherlands on Thursday, June 11, 2026, to discuss Terafab.
Terafab plans a Texas chip fab that will use ASML’s extreme ultraviolet lithography machines costing north of $380 million each.
Analysts project SpaceX’s IPO valuation between $150 billion and $200 billion.
ASML, which posted €28.3 billion revenue last year, warns a new fab needs billions of dollars and decades of expertise.

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Story summary

Elon Musk, SpaceX CEO, will appear virtually at an ASML conference in the Netherlands on Thursday, June 11, 2026, to discuss Terafab.
Terafab plans a Texas chip fab that will use ASML’s extreme ultraviolet lithography machines costing north of $380 million each.
Analysts project SpaceX’s IPO valuation between $150 billion and $200 billion.
ASML, which posted €28.3 billion revenue last year, warns a new fab needs billions of dollars and decades of expertise.