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SpaceX has bought $329M worth of Tesla Megapacks so far this year

SpaceX has significantly increased its purchases of Tesla Megapack battery storage systems, spending $329 million so far this year, likely for its xAI data centers. The investment highlights the growing energy demands of AI infrastructure and the interconnected nature of Musk's companies.

Background

xAI, Elon Musk's AI company, has been rapidly expanding its data center infrastructure to support large-scale AI model training and inference. The company previously merged with SpaceX in 2025.

Source
TechCrunch
Published
Aug 5, 2026 at 05:07 AM
Score
6.0 / 10