Working with the President on a 25% FEDERAL film tax credit to bring back Hollywood. While Gavin Newsom’s commissioner is actively outsourcing production jobs to Hungary, and his rogue AG is trying to destroy CA production companies, the adults in the room are actually trying to repatriate the most quintessential American industry. I’m committed to saving Hollywood, and I’m very grateful for the President’s remarkable generosity and focus on this issue. He is very passionate about revitalizing the entertainment industry and we will not let Canada, or the UK or Budapest steal our lunch anymore. Speaking of lunch…best clam chowder I ever had. We discussed several other very important topics, as well. I’m humbled and grateful for all the time and discussion from the President. Unlike many other cynical doomers out there, he refuses to write off California. We are only getting started.
Important numbers from Terafab announcement:
More than $16.8 billion — first-phase investment from SpaceX and Tesla.
3,000+ new jobs — expected to be created.
$30 million — Texas Enterprise Fund grant.
100 million square feet — planned Terafab size, around 9.3 million square meters.
10 million square feet — size listed for Tesla’s Giga Texas factory.
10× larger — Terafab compared with Giga Texas by the website’s stated floor areas.
More than 1 TW per year — targeted Terafab compute output.
1,000 GW / 1 trillion watts — equivalent to 1 TW.
0.5 TW — current annual U.S. consumption shown for comparison.
2× current U.S. consumption — Terafab’s targeted annual output.
More than 1 TW — projected combined chip demand from SpaceX and Tesla.
1 billion Optimus robots — long-term scale envisioned for robots doing the work.
10 million tons per year — targeted mass launched into orbit.
More than 1 TW of solar power — required for the orbital-compute vision.
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
"Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster. I'm quite excited about Starlink Mobile."