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At close · Wed, Aug 5, 2026
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HomeUS MarketsSectorsSpaceX increases Tesla Megapack battery purchases to p…

SpaceX increases Tesla Megapack battery purchases to power AI data centers

SpaceX has ramped up its purchases of Tesla Megapack backup batteries to support power needs for its Colossus AI data centers in Greater Memphis, according to CNBC Markets.

The outlet says SpaceX relied on Tesla’s Megapack systems to help provide backup power as it scales operations tied to its AI computing infrastructure.

CNBC Markets reports the increased buying occurred in Q2 as SpaceX expanded its data center footprint and energy support requirements.

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