
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.

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.

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.

SpaceX shares slipped back to their IPO price ahead of the company’s next Starship launch, highlighting investor caution as the rocket program faces another critical test.

Senra has raised $65 million in Series B funding to modernise wire harness manufacturing with software and automation for aerospace, defence, and vehicles.

Reflection AI has signed a $1 billion compute agreement with Nebius, gaining access to Nvidia’s latest AI chips to accelerate open AI model development.

Two newly registered ETFs are designed to exclude companies associated with Elon Musk, including Tesla and SpaceX, offering investors an alternative strategy.

Elon Musk praised Anthropic’s AI leadership while assuring that he would not disrupt its SpaceX-hosted infrastructure despite competition between the companies.

SpaceX has reportedly showcased an early prototype of an AI-powered handheld device to investors, featuring xAI integration and a custom operating system. Here’s what is known so far.

SpaceX has signed a multi-year AI compute agreement with Reflection AI, providing access to advanced Nvidia GB300 chips at its Colossus 2 data centre in a deal valued at up to $6.3 billion.
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