SpaceX S-1 reveals Tesla’s Terafab deal is far from done
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Summary
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/05/Elon-Musk-spacex-Tesla-terab.png?w=1600" /></div><p>SpaceX filed its S-1 with the SEC today ahead of its blockbuster IPO, and buried in the 308-page document is a sobering reality check on the Tesla (TSLA) collaborations that Elon Musk has been hyping for months.</p> <p>The legal language in SpaceX’s own filing reveals that both Terafab and Macrohard — the two major joint projects between Tesla and SpaceX — are in “very early stages” with no financial terms, no intellectual property rights, and no binding commitments finalized.</p> <a class="more-link" href="https://electrek.co/2026/05/20/spacex-s1-tesla-terafab-macrohard-not-done-deal/#more-468369">more…</a>
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/05/Elon-Musk-spacex-Tesla-terab.png?w=1600" /></div><p>SpaceX filed its S-1 with the SEC today ahead of its blockbuster IPO, and buried in the 308-page document is a sobering reality check on the Tesla (TSLA) collaborations that Elon Musk has been hyping for months.</p>
<p>The legal language in SpaceX’s own filing reveals that both Terafab and Macrohard — the two major joint projects between Tesla and SpaceX — are in “very early stages” with no financial terms, no intellectual property rights, and no binding commitments finalized.</p>
<a class="more-link" href="https://electrek.co/2026/05/20/spacex-s1-tesla-terafab-macrohard-not-done-deal/#more-468369">more…</a>