{
  "id": 145672,
  "title": "SpaceX has bought $329M worth of Tesla Megapacks so far this year",
  "url": "https://urgent.news/2026/08/04/spacex-has-bought-329m-worth-of-tesla-megapacks-so-far-this-year",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-04T21:07:26.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/08/04/spacex-has-bought-329m-worth-of-tesla-megapacks-so-far-this-year/"
  },
  "original_language": "en",
  "account": "SpaceX has significantly increased its investments in Tesla Megapack battery storage devices, spending $329 million on them this year alone, as per the company's earnings report released on Tuesday. This purchase underscores the interconnected nature of Elon Musk's various businesses, with SpaceX and Tesla being run by the same CEO and largest shareholder. The Megapacks are likely being installed at SpaceX's xAI data centers, which were acquired earlier this year from xAI, a business Musk also founded. Prior to the merger, xAI had spent $430 million on Megapacks for its data centers, compared to just $34 million in the first quarter of this year. In the first quarter, SpaceX also purchased $131 million worth of Tesla Cybertrucks at their manufacturer's suggested retail price, as reported in a regulatory filing. Despite xAI's heavy reliance on natural gas for its data centers, batteries like the Megapack remain crucial, providing rapid backup power and additional energy to GPUs during model training and inference, helping to reduce utility charges and prevent generator overload.",
  "summary": "SpaceX has ramped up its purchases of Tesla Megapacks for its xAI data centers.",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/145672.png",
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Tech in Asia",
        "title": "SpaceX spent $295m on Tesla Megapacks in Q2",
        "url": "https://urgent.news/2026/08/06/spacex-spent-295m-on-tesla-megapacks-in-q2",
        "published": "2026-08-06T00:30:24.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas",
        "url": "https://urgent.news/2026/08/06/spacex-tesla-to-initially-spend-16-8-billion-on-terafab-chip-plant-in",
        "published": "2026-08-06T14:26:48.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "SpaceX and Tesla plan to initially invest $16.8B to build Terafab in Grimes County, Texas; combined demand from SpaceX and Tesla is forecast to top 1 TW (Reuters)",
        "url": "https://urgent.news/2026/08/06/spacex-and-tesla-plan-to-initially-invest-16-8b-to-build-terafab-in",
        "published": "2026-08-06T14:50:01.000Z"
      },
      {
        "outlet": "TechCrunch",
        "title": "Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas",
        "url": "https://urgent.news/2026/08/06/tesla-and-spacex-will-invest-16-8b-to-start-building-terafab-chip",
        "published": "2026-08-06T15:21:51.000Z"
      },
      {
        "outlet": "TechSpot",
        "title": "SpaceX and Tesla plan their own natural gas power plants for massive $16.8 billion Texas chip factory",
        "url": "https://urgent.news/2026/08/07/spacex-and-tesla-plan-their-own-natural-gas-power-plants-for-massive",
        "published": "2026-08-07T14:16:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}