Musk to speak at chip tool giant ASML event ahead of SpaceX IPO


FILE PHOTO: Elon Musk walks to attend the trial in his lawsuit over OpenAI for-profit conversion at a federal courthouse, in Oakland, California, U.S., April 29, 2026. REUTERS/Manuel Orbegozo/File Photo

AMSTERDAM, June ⁠11 (Reuters) - Elon Musk is expected to appear virtually at an ⁠event by computer chip equipment giant ASML on Thursday ‌to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX.

The pricing of the initial public offering of Musk's SpaceX, potentially the ​largest ever, is expected later on Thursday.

"Musk ⁠will share his vision on ⁠AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a ⁠statement.

ASML ‌describes its annual one-day technology conference as an "internal event for employees only" and would not specify when Musk will ⁠speak. The conferenceends around 5 p.m. (1500 GMT).

ASML CEO ​Christophe Fouquet last ‌month confirmed he has had discussions with Musk over Terafab, ⁠potentially a ​large new customer for ASML, Europe's biggest company by market valuation. ASML dominates the market for lithography tools, machines that help "print" the tiny circuitry ⁠of chips.

Musk has said SpaceX will cooperate ​with Intel on the Terafab project, and it will eventually supply chips for SpaceX and for Tesla's Optimus robots.

In March, Musk laid out plans ⁠for an initial phase in which a development plant in Texas will make lithography masks - which contain thepattern for chips "printed" by ASML tools - to quickly prototypeboth logic and memory chips under the same ​roof.

"Musk and his team are becoming part ⁠of the broader semiconductor ecosystem, and many companies, including ASML, will collaborate ​on this initiative," ASML said.

In a ‌June 6 statement on X, Musk said ​ASML is "arguably the greatest company in Europe" and it should be "treasured and supported."

(Reporting by Toby SterlingEditing by Tomasz Janowski)

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