SpaceX, Tesla make Grimes plant official

CAPITAL HIGHLIGHTS

What CEO Elon Musk says will be the world’s largest computer chip manufacturing plant is planned for Grimes County, east of College Station, the Austin American-Statesman reported.

In a joint announcement last week, SpaceX and Tesla unveiled an initial $16.8 billion investment in a plant called Terafab. It is expected to employ at least 3,000 people. Many of those jobs are expected to go to residen…