
SpaceX Spent $329 Million on Tesla Megapacks in 2026, Filing Shows
SpaceX spent $329 million on Tesla Megapacks this year, highlighting growing investment in battery storage for AI data centre operations.
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SpaceX spent $329 million on Tesla Megapacks this year, highlighting growing investment in battery storage for AI data centre operations.

SpaceX reported Q2 2026 revenue of $7.8 billion as AI compute deals with Anthropic and Google and Starlink fueled strong year-over-year growth.

A federal judge denied xAI’s request to block Minnesota’s AI nudify app ban, allowing the first-of-its-kind law to take effect as the lawsuit proceeds.

SpaceX says it will continue operating xAI’s unpermitted gas turbines until July 2027 as it builds a permanent 1.2GW natural gas power plant.

Tesla has produced its 10 millionth electric vehicle, putting the company halfway toward a key production target tied to Elon Musk’s compensation package.

Elon Musk’s X has settled its legal dispute with the World Federation of Advertisers, ending a case over claims of an illegal advertising boycott.

Elon Musk’s X is rolling out X Money to paid US subscribers with a Visa debit card, peer-to-peer payments, up to 6% APY and cash-back rewards.

Elon Musk’s tunnelling startup The Boring Company is reportedly seeking to raise $4 billion in a new funding round that could value the company at $20 billion.

SpaceX successfully deployed its first third-generation Starlink satellites during Starship’s 13th test flight, but the Super Heavy booster failed during its planned simulated landing.

Tesla’s Robotaxi service logged fewer paid miles in the second quarter despite expanding into more cities, raising new questions about the pace of its autonomous vehicle rollout.

Tesla delayed volume production targets for the Cybercab, Semi and Megapack 3 while increasing spending on AI, robotics and battery manufacturing despite higher revenue.

Tesla has expanded its robotaxi pilot to Orlando and Tampa, adding two Florida cities ahead of its second-quarter earnings announcement.