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

TechCrunch AI Tim De Chant August 4, 2026
SpaceX has bought $329M worth of Tesla Megapacks so far this year
AI Summary— plain English for professionals

# SpaceX Is Spending Hundreds of Millions on Tesla Battery Packs SpaceX has purchased $329 million worth of Tesla's Megapack batteries in 2024, revealing how closely Elon Musk's various companies work together. Megapacks are large-scale energy storage systems that help businesses and power grids store electricity for later use. The massive purchase suggests SpaceX needs significant backup power for its operations, likely to support its ambitious satellite and space missions.

The purchase illustrates just how interconnected Elon Musk's universe of companies are.

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