# SpaceX's IPO filing shows deep financial links between Elon Musk's companies.

*aerospace · news · 2026-05-21 · The Economic Times*

## Key points

- SpaceX and xAI bought about $650 million in Tesla goods in 2025, including $506 million in Megapacks.
- Tesla now holds nearly 19 million SpaceX shares after a $2 billion investment earlier this year.
- Over $20 billion in AI infrastructure leases tie xAI subsidiaries to Valor Equity Partners, incurring debt for SpaceX.
- A joint Terafab chip project is underway between Tesla and SpaceX, centering on AI and compute infrastructure.
- Tesla's new solar factory aims to supply custom hardware for SpaceX's orbital AI data center constellation.

**Companies:** SpaceX, Tesla, xAI, The Boring Company
**Countries:** United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/spacex-reveals-musk-company-links-from-cybertrucks-and-jets-to-stock-investments/articleshow/131239125.cms)

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