Elon Musk Addresses ASML Employees on Thursday as SpaceX Prepares Record IPO

According to CNBC, Elon Musk on Thursday addressed ASML employees virtually during the company's annual technology conference, emphasizing the semiconductor maker's critical role in SpaceX's Terafab chip manufacturing project. Musk, who is preparing to take SpaceX public in what he described as a record-breaking IPO, held a fireside chat with ASML CEO Christophe Fouquet. The appearance underscores the importance of ASML's extreme ultraviolet lithography machines—the only advanced chipmaking equipment the company produces—for Terafab's operations, which SpaceX plans to use for chips needed by its data centers and AI operations.
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