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GateUser-744c843b

2026-05-21 00:37:24

Megapack has been fully secured by its own brother; Tesla's energy storage business has found its most stable client—Elon Musk himself.

View Original

MarsBitNews2026-05-21 00:23:19

SpaceX IPO prospectus discloses related-party transactions: purchasing from Tesla reaching $890 million since 2023

The IPO prospectus disclosed by SpaceX shows that since 2023, SpaceX and xAI have contributed approximately $890 million in revenue to Tesla, mainly from energy storage business. In 2024 and 2025, xAI will purchase $191 million and $506 million worth of Megapack energy storage batteries from Tesla respectively to support AI infrastructure development, and last year also purchased about $131 million worth of Cybertruck electric pickups. The prospectus also states that Tesla and SpaceX are jointly building the Terafab semiconductor manufacturing plant.

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