Elon Musk Discreetly Bought a $1 Billion Gas Turbine Company to Power AI. Here's What it Means for SpaceX Investors.
SpaceX talks a lot about solar power, but for now it's guzzling gas.
Overview
Elon Musk’s name is practically synonymous with renewable energy.
The tech titan and CEO of both Tesla (NASDAQ:TSLA) and Space Exploration Technologies (NASDAQ:SPCX), or SpaceX, rode a wave of concern about vehicle emissions to not only create the first viable U.S. electric car company but also to grow it into a global automotive superpower and one of the world’s largest companies.
Details
In 2016, Tesla bought solar company SolarCity and introduced solar roof technology that replaced traditional roof shingles with small solar tiles.
Source
Originally published at www.fool.com.
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