Elon Musk has acquired the assets of APR Energy, a Jacksonville-based company that specializes in deploying fast-track, modular power plants, without a single public announcement. The deal surfaced through a Federal Trade Commission filing and a subsequent SEC disclosure. An FTC early termination notice — transaction number 20261350, dated May 14, 2026 — cleared the acquisition to close. On May 28, 2026, Duos Technologies Group Inc. disclosed in an SEC filing that it had sold its 5% non-voting stake in New APR Energy LLC, the entity that formally holds APR's assets. The proceeds from that 5% stake came to approximately $50.4 million net, with an additional $9.9 million placed in escrow, implying a total deal value over $1 billion. Fortress Investment Group had acquired APR's assets in late 2024, and Musk is now the buyer. Tesla's energy division, built around Megapack and Powerwall systems, could pair with APR's rapid-deployment generation expertise for off-grid or grid-constrained markets. As of publication, Tesla has not responded to media inquiries, and an APR Energy spokesperson offered no comment.