Elon Musk Acquires APR Energy in Deal Valued at Over $1 Billion
July 17, 2026
Elon Musk has acquired APR Energy, a provider of rapidly deployable gas- and diesel-powered generation systems, in a transaction estimated at over $1 billion. The deal surfaced via a Federal Trade Commission early termination filing rather than a public announcement from the parties.
- Buyers
- Elon Musk
- Targets
- APR Energy, CF APR Super Holdings LLC, New APR Energy LLC
- Sellers
- Duos Technologies Group
- Industry
- Energy
- Location
- Florida, United States
- Transaction Type
- Buyout
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