SpaceX Increases Tesla Megapack Purchases in Q2 for Colossus Data Centers
SpaceX increased spending on Tesla battery storage, buying $295 million of Tesla Megapacks in the period ending June 30, 2026, as part of installing systems for Colossus data centers in the Greater Memphis area. The Q2 purchases bring half-year Megapack spend to $329 million, with the storage intended to support power reliability and help avoid blackouts.