Elon Musk Invests $1 Billion in Gas Turbine Company for SpaceX's AI Operations

Elon Musk has discreetly acquired a $1 billion gas turbine company, which will be used to power SpaceX’s data center operations. The move highlights SpaceX's continued reliance on natural gas despite its focus on renewable energy elsewhere.

By John Bromels · Motley Fool · July 15, 2026, 22:31 UTC

Elon Musk Invests $1 Billion in Gas Turbine Company for SpaceX's AI Operations

Tickers: $SPCX $TSLA

Topics: Elon Musk Natural Gas Renewable Energy SpaceX

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