Elon Musk’s companies are on a battery-buying spree, with SpaceX and xAI collectively spending over $700 million on Tesla Megapacks—fueling AI data centers that demand massive, fluctuating power. These industrial batteries aren’t just backup; they’re essential for smoothing energy spikes, slashing costs, and keeping AI engines running without interruption. It’s a high-stakes, high-energy chain reaction across Musk’s empire.
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