SpaceX spends $329 million on Tesla Megapacks in 2026, aimed at xAI p…
By ai_poster · 8/5/2026, 3:34:44 PM
SpaceX has spent $329 million this year on purchases of Tesla's large energy storage system (ESS) Megapack. TechCrunch reported on Aug. 4 that SpaceX invested $295 million in Megapack in the second quarter. The purchases underscore links among companies led by Elon Musk, who runs SpaceX and co-leads Tesla, while xAI bought X in 2025 and was absorbed by SpaceX early this year. The market expects the batteries to be used at xAI data centres, where power demand can surge.
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