Energy Business Growth
Energy business strong with record Q2 13.5 GWh and new PPAs. SpaceX has spent $329M on Tesla Megapacks this year (Q2 $295M), validating demand beyond utilities. Megapack 3 deal with LG Energy Solution for 50 GWh target. Stock valuation debate continues but energy provides a bright spot.
Sources (4)
Updated Aug 5, 2026