Musk Buys Florida-Based Energy Company

Musk Buys Florida-Based Energy Company Authored by Jill McLaughlin via The Epoch Times, Elon Musk has acquired a power company based in Jacksonville, Fla., paying $1 billion for the mobile gas-turbine provider as a possible solution to data center energy needs. The Federal Trade Commission (FTC) lists Musk as the acquiring party, with New APR Energy, LLC listed as the acquired entity. Neither party issued public statements on the deal that closed May 14. Local business news o...

By Tyler Durden