SpaceX’s xAI just bought another $269M of Tesla Megapacks (opens in new tab)

SpaceX’s amended S-1 IPO filing, published yesterday, reveals that xAI purchased another $269 million worth of Tesla Megapack products in April 2026 alone. That single month exceeds what xAI spent on Tesla Megapacks in all of 2024. The purchase brings total Megapack spending by xAI to roughly $1 billion since 2024 — a staggering figure that underscores both how power-hungry AI data centers have become and how deeply intertwined Elon Musk’s companies are. more…