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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Why Did SpaceX Spend $295 Million on Tesla Batteries? The Latest Filing Offers a Clue as Elon Musk's Companies Grow Even More Intertwined

Jakarta,-,June,14,2026:,Space,Exploration,Technologies,Corp.,(spacex),Stock

SpaceX (NASDAQ:SPCX) disclosed that it bought $295 million of Tesla Inc. (NASDAQ:TSLA) Megapack batteries during the second quarter, highlighting the circular flow of capital, hardware and equity across two of Elon Musk’s biggest companies.

Tesla Purchases Deepen Musk Company Ties

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