Elon Musk Acquires Gas Turbine Company Amid AI Energy Demands
Elon Musk has acquired APR Energy, a gas turbine company with over 1 GW of generation capacity, to support the energy needs of his artificial intelligence projects. The $1 billion acquisition was quietly completed without a press release and cleared regulatory approval.
Tickers: $SPCE
Topics: AI Infrastructure Energy Transition Fossil Fuels M&A