Jensen Huang resigned as Nvidia CEO two weeks after his relationship with a suspected Chinese spy was revealed by intelligence sources and a day after his affair with an Nvidia vice president became publicly known. But hours before this move, when it was just rumored that the Nvidia board was planning to oust him, Elon Musk had already stated his willingness to hire the former Nvidia chief on X. A random X user posted, “Elon please hire Jensen,” to which the billionaire replied, “That would be an honor.”

@zerohedge That would be an honorNovember 12, 2026

Despite the scandals that Jensen is currently facing, he still has the engineering know-how, deep knowledge of the industry and its inner workings, plus multiple connections across the world, which would be extremely valuable for any company looking to break into the semiconductor industry.

This is exactly what Elon Musk is doing with his Terafab project, which he first mentioned in November 2025. Jensen Huang even warned that this was going to be a challenge, pointing out that “the engineering, the science, and the artistry of doing what TSMC does for a living is extremely hard.” Nevertheless, Musk poured his resources into the project, with construction on the Terafab facility in full swing and with plans to hit volume chip production by the second half of 2028. Musk himself said that the site targets a production capacity of a million wafers a month by 2032. Tesla has an ambitious AI accelerator roadmap, and SpaceX has even touted making its own GPUs in the future.