Elon Musk spent estimated $1 billion on an energy company to power xAI, filings reveal — APR Energy owns a fleet of trailer-mounted gas and diesel turbines capable of generating more than 1 gigawatt

An FTC document revealed that Elon Musk purchased APR Energy, a mobile natural gas and diesel turbine generator provider, for an estimated $1 billion. The deal wasn't announced publicly and was only discovered after the FTC filing.