Entry #178: A token is not a title. My 2026 institutional guide to how RWA tokenization and smart contracts can accelerate real estate liquidity when code is mapped to law, capital to title and identity to authority, drawing on Propy and CNBC, plus Deloitte, McKinsey, BCG, Goldman Sachs and BNY.
On August 6, 2026, Tesla and SpaceX confirmed Terafab — a $16.8 billion first phase, up to $119 billion across four phases, and more than 100 million square feet in Grimes County, Texas. It is not a chip story. It is a land, water, power, permitting and capital story that happens to produce chips. Entry #164 maps the Physical Intelligence Factory™ and the ten REALATAR™ acceleration layers built around it.
REALATAR™ AI is the programmable ownership and liquidity layer that allows AI agents, Optimus-style robotics, and autonomous systems to interact with tokenized real estate at machine speed.