SpaceX has bought $329M worth of Tesla Megapacks so far this year
The purchase illustrates just how interconnected Elon Musk's universe of companies are. SpaceX has ramped up purchases of Tesla Megapack, spending $295 million on the battery storage devices in the second quarter and $329 million so far this year, according to the company's earnings report released on Tuesday. Musk, who is the CEO and largest shareholder of SpaceX, also runs Tesla.
Key Takeaways
- Musk's artificial intelligence business xAI acquired his social media platform, X, in 2025.
- Before xAI merged with SpaceX, the AI company bought $430 million worth of Megapacks for its data centers.
In the first quarter of this year, xAI had purchased only $34 million worth of the equipment.
- In addition to providing substantial backup power that can be tapped in a second or less, batteries can provide extra power to GPUs when they demand it.
- Batteries help smooth out those peaks, lowering costs while ensuring that the data center can operate consistently.
Tim De Chant Senior Reporter, Climate Tim De Chant is a senior climate reporter at TechCrunch.
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Stats & Key Facts
- #SpaceX has ramped up purchases of Tesla Megapack, spending $295 million on the battery storage devices in the second quarter and $329 million so far this year, according to the company's earnings report released on Tuesday.
- #Musk's artificial intelligence business xAI acquired his social media platform, X, in 2025.
- #Before xAI merged with SpaceX, the AI company bought $430 million worth of Megapacks for its data centers.
- #In the first quarter of this year, xAI had purchased only $34 million worth of the equipment.
The purchase illustrates just how interconnected Elon Musk's universe of companies are. SpaceX has ramped up purchases of Tesla Megapack, spending $295 million on the battery storage devices in the second quarter and $329 million so far this year, according to the company's earnings report released on Tuesday. The purchase illustrates just how interconnected Elon Musk's universe of companies are.
The industrial-scale batteries are likely being deployed at the company's xAI data centers. Before xAI merged with SpaceX, the AI company bought $430 million worth of Megapacks for its data centers. In the first quarter of this year, xAI had purchased only $34 million worth of the equipment.
SpaceX also reported that as of December 2025, it had acquired $131 million worth of Tesla Cybertrucks at manufacturer's suggested retail price, according to its regulatory filing. Though xAI has leaned heavily on natural gas to power its data centers - including dozens of unpermitted turbines at a site in Mississippi not far from the Colossus data center project - large batteries like the Megapack are still a critical part of data centers. In addition to providing substantial backup power that can be tapped in a second or less, batteries can provide extra power to GPUs when they demand it.
For more details please read the original article at TechCrunch AI.
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