Why Did SpaceX Spend $295 Million on Tesla Batteries? The Latest Filing Offers a Clue as Elon Musk's Companies Grow Even More Intertwined
SpaceX bought $295 million of Tesla's Megapack batteries in Q2, deepening ties between two of Musk's biggest companies.
Elon Musk's two companies, SpaceX and Tesla, are working together more closely—SpaceX bought nearly $300 million worth of Tesla's big batteries. When companies owned by the same person help each other like this, watch whether they're both growing stronger or if one is just helping the other without real benefits.
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