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

SpaceX reported that it bought $329 million of Tesla Megapacks so far in 2026, including $295 million in Q2 alone. The purchases likely support xAI-related data centers and underscore the deep financial and operational ties across Elon Musk’s companies. The article frames this as a supplier-side boost for Tesla’s energy storage business, even as the news is indirectly linked to SpaceX’s own broader AI infrastructure buildout. It also highlights that SpaceX had previously acquired $131 million of Tesla Cybertrucks and that xAI had earlier bought $430 million of Megapacks before being absorbed into SpaceX. The main market implication is continued related-party demand for Tesla’s energy products, which could support Tesla’s energy revenue narrative and signal expanding infrastructure spending across Musk’s ecosystem.