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Elon Musk quietly buys a $1 billion gas turbine company to power Grok

Elon Musk has quietly bought APR Energy, a Jacksonville-based company that operates a fleet of mobile gas and diesel turbines totaling more than 1 GW of generation capacity. The self-styled champion of a “solar electric economy” now owns a fossil fuel power company — and he’s buying it to feed the electricity-hungry data centers running xAI’s Grok. A billion-dollar deal with no announcement There was no press release. The acquisition surfaced through a Federal Trade Commission early termination ...

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