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APR Energy

energy · Jacksonville, US

A builder and operator of fast-deployable mobile power plants using trailer-mounted gas and diesel turbines.

Funding history

DateRoundAmount
Jul 2026Acquired by Elon Musk
Elon Musk personally acquired mobile power plant maker APR Energy in a deal valued at more than 1 billion dollars, reportedly to power the data centres behind xAI's Grok. The transaction surfaced through FTC and SEC regulatory filings rather than a formal announcement.
$1B

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