Elon Musk Acquires APR Energy in Deal Valued at Over $1 Billion
2026-07-20 20:59

Woofun AI reports that Elon Musk has acquired APR Energy, a mobile power generation firm based in Jacksonville, Florida. Regulatory filings indicate the transaction values the company at more than $1 billion, following Duos Technologies' sale of its 5% non-voting stake for a $50.4 million net profit. APR Energy specializes in rapidly deployable gas and diesel generators, offering over 1 GW of capacity with deployment timelines of 15 to 30 days.

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