In a regulatory filing released Wednesday, Musk’s recently combined rocket maker and artificial intelligence enterprise disclosed the purchase of about $131 million worth of Tesla Cybertrucks last year, confirming an earlier
The bulk of the transactions — including $506 million in 2025 and $191 million the year prior — involved Tesla selling Megapack energy-storage batteries to xAI, which SpaceX acquired in February.
Read More:
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.