SpaceX Spent $131M on Tesla Cybertrucks, Boosting Intercompany Sales
TSLA•SpaceX’s IPO prospectus shows it spent $131 million on at least 1,300 Tesla Cybertrucks in 2025, buying at manufacturer suggested retail prices of $69,900 to $99,900 per unit. Tesla also sold $506 million of Megapack systems and $191 million in 2024, highlighting significant intercompany revenue.
1. Cybertruck Purchases by SpaceX
The IPO prospectus shows SpaceX purchased approximately 1,300 Tesla Cybertrucks for $131 million at manufacturer suggested retail prices ranging from $69,900 to $99,900 each, representing a notable portion of total deliveries in 2025.
2. Megapack Battery System Sales
In 2025 SpaceX spent $506 million on Tesla Megapack battery systems, following $191 million in such purchases in 2024, underscoring a growing intercompany commercial relationship for large-scale energy storage products.
3. Impact on Tesla's Revenue
These intercompany transactions added roughly $637 million to Tesla’s top line over two years, a small fraction of its overall revenue but a clear indicator of institutional demand for its commercial and industrial products.
