YourStory
7/16/2026
Musk acquires APR Energy for over $1B to supply power for xAI Grok data centers
Original: Musk quietly buys APR Energy in $1B deal to power Grok
Short summary
Elon Musk acquired APR Energy for over $1 billion, securing a 1 GW mobile turbine fleet to supply power for xAI's Grok data centers. The deal highlights the growing energy demands of large-scale AI compute infrastructure. This vertical integration of power generation into AI operations signals infrastructure as a competitive moat.
- •Musk acquired APR Energy for over $1B to power xAI Grok data centers
- •Acquisition includes 1 GW mobile turbine fleet for energy supply
- •Underscores AI compute's massive and growing power requirements
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