Musk quietly buys APR Energy in $1B deal to power Grok
Elon Musk has acquired APR Energy, a Jacksonville-based builder of fast-deployable mobile power plants, in a transaction that surfaced through regulatory paperwork rather than any announcement from the parties involved. The Elon Musk APR Energy acquisition, valued at more than $1 billion, hands the billionaire direct ownership of a fleet of trailer-mounted gas and diesel turbines capable of generating over 1 gigawatt of electricity, reportedly destined to power the data centres behind xAI's Grok