Elon Musk spent estimated $1 billion on an energy company to power xAI, filings reveal — APR Energy owns a fleet of trailer-mounted gas and diesel turbines capable of generating more than 1 gigawatt
Summary
An FTC document revealed that Elon Musk purchased APR Energy, a mobile natural gas and diesel turbine generator provider, for an estimated $1 billion. The deal wasn't announced publicly and was only discovered after the FTC filing.
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Elon Musk says @SpaceX AI Satellites will now include batteries for power assistance.
— Nic Cruz Patane (@niccruzpatane) July 16, 2026
That enabled peak power to rise from 150 kW, to 230 kW (67% increase). The batteries will be charged using the abundant solar energy available 24/7 in space.
This will lower the number of… pic.twitter.com/5uHhwpGOLE
Elon Musk says that @SpaceX has decided to increase the peak power of its upcoming AI satellite (called AI1) by 67% to ~250kW (up from 150kW), and its average power by 33% to 160kW (up from 120kW).
— Sawyer Merritt (@SawyerMerritt) July 16, 2026
This will be enough to handle an Nvidia Rubin NVL72 rack, which contains 72 Rubin… https://t.co/0kcjBLcMek pic.twitter.com/OHORQ8LmEr
Elon Musk says @SpaceX is upgrading the power spec of its AI1 Satellites.
— Nic Cruz Patane (@niccruzpatane) July 16, 2026
With the addition of batteries on the satellite, peak power has risen from 150 kW, to ~250 kW, and average payload has increased to ~160 kW from 120 kW.
That’s about a 67% increase in peak power, which… https://t.co/R7J3t0ImKY pic.twitter.com/ddY1KwaJRB