Consumer Tech· 2 min
Musk Quietly Acquires APR Energy in $1B Deal to Power Grok Chatbot
Elon Musk has acquired APR Energy in a $1 billion deal to power xAI's Grok chatbot, highlighting the lengths to which AI companies will go to secure electricity. The deal also raises questions about governance and disclosure, as Musk acquired the company personally.
EEditorial Team · 16 July 2026