Joe Cool

SpaceX bought Tesla Megapacks and $131 million worth of Cybertrucks, its IPO filing shows

· Business Insider

SpaceX spent hundreds of millions of dollars on Tesla products in 2025.

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  • SpaceX's IPO filing shows Elon Musk's companies are doing plenty of business with each other.
  • An analyst told Business Insider the spending makes sense if SpaceX needed the products.
  • It also shows how much SpaceX spent on Cybertrucks — and how that boosted the truck's sales.

Elon Musk's companies love to work together. Now, we have a bit more insight into how much money is moving between them.

On Wednesday, SpaceX filed its 277-page S-1, a document that peels back the curtain on the combined space-and-AI company's spending.

The filing showed that SpaceX (and its recently acquired fellow Musk company, xAI) bought hundreds of millions of dollars' worth of products from Tesla. Purchases included $697 million in Tesla Megapack products across 2024 and 2025, plus $131 million in Cybertrucks in 2025. The rocket company also bought an additional $34 million in Megapacks between January and March of this year.

The purchases were listed as "related party transactions."

The filing also described other ties between the companies — including work on voice-assistance features in Tesla vehicles, plans for a combined-use chip factory, and Tesla ad purchases on X.

"SpaceX and Tesla developed the early foundation of a strong and constructive partnership through a series of limited but successful commercial engagements," SpaceX wrote in the filing.

Seth Goldstein, an equity strategist at Morningstar who covers Tesla, said the related-party spending is "a little unique" to Tesla and SpaceX, but that the purchases themselves do not strike him as unusual.

"A company like SpaceX purchasing a large amount of work trucks and batteries for energy storage is not unusual and would be necessary for its business," he told Business Insider. "If what SpaceX is buying from Tesla or vice versa is necessary for its operations, then it makes sense."

Goldstein did say one element may raise investor eyebrows: SpaceX reported buying the Cybertrucks "at manufacturer's suggested retail price." He said most companies receive a discount when buying products in bulk.

That wording also offers a rare window into how many Cybertrucks may have gone to one of Musk's own companies.

Tesla sold 20,237 Cybertrucks in 2025, according to Kelley Blue Book. SpaceX did not reveal which trims it purchased, but based on Tesla's posted MSRP for the Cybertruck, the $131 million purchase would imply roughly 1,183 to 1,813 vehicles.

That means SpaceX's Cybertruck purchase could have represented about 6% to 9% of Tesla's Cybertruck sales last year.

SpaceX didn't respond to a request for comment from Business Insider.

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DAVID MARCUS: Top Trump foe Dan Goldman is getting trounced, and it's delicious

· Fox News

The country met Rep. Daniel Sachs Goldman, D-N.Y., the wealthy scion of the Levi jeans fortune, back in 2019 when he was tapped to be the lead counsel for the first impeachment of President Donald Trump. Since being elected to Congress in 2022, his reputation as an anti-Trump zealot has only metastasized.

So it is shocking, and no doubt in a happy way for Trump, that, according to a new Emerson poll, Goldman is trailing in his primary against democratic socialist-leaning Brad Lander by over 30 points. In other words, he is getting absolutely smoked.

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Goldman must have thought, back when he was leading the charge against Trump, that he had one foot in the White House, but my how the tables have turned.

Fans of the president, and frankly, of the rule of law, cannot be blamed for feeling a bit of schadenfreude at the political demise of the despicable Goldman, who helped to turn Trump’s "perfect" phone call with Ukrainian President Volodymyr Zelenskyy into a pointless national nightmare.

THE PLOT TO STOP MAMDANI: DEMOCRATS SCRAMBLE TO BLOCK FAR-LEFT TAKEOVER IN NEW YORK

His Ahab-like obsession with his great orange whale came with him to Congress. In 2023, he told Jen Psaki on MSNBC, that Trump was "destructive to our democracy," and "has to be eliminated." But who is getting eliminated now?

There is perhaps no Democrat alive who has spent more time staring at little red lights and gravely warning that Trump is an existential threat to humanity than Goldman, but in the end, it looks like that is not enough.

As smirk-inducing as the smug Goldman’s humiliation in the polls is, it also tells us some deeper truth about the nature of today’s Democratic Party. Because, unlike alleged sex fiend and former anti-Trump House member Eric Swalwell, Goldman has no scandal rocking him.

JONATHAN TURLEY: ERIC SWALWELL'S ENABLERS KNEW THE TRUTH — AND PROTECTED HIM ANYWAY

Goldman isn’t being punished in the polls for anything he did or failed to do. He is no Sen. John Fetterman, D-Pa., who regularly bucks the party with his voice and his votes. No, Goldman’s problem is simply that he’s not a socialist.

Lander, the former failed comptroller of Gotham, has the backing of Mayor Zohran "Madman" Mamdani and his democratic socialist machine, and in Goldman’s very White and hyper-educated district, socialism is all the rage.

Now, it might have been possible for Goldman to slip on a Che Guevara T-shirt and start handing out little red books to stay competitive, except for one thing: Goldman supports Israel.

MAMDANI IS AN EXISTENTIAL THREAT TO JEWISH NEW YORKERS

Lander, who like Goldman is Jewish, has bowed before the altar of anti-Israel insanity and flip-flopped in obedience from supporting military aid to the Jewish state to opposing it. At least so far, that is further than Goldman will go.

Let’s be clear: In the eyes of many of the most prominent Democrats, from politicians to podcasters, Goldman’s support of Israel is literally considered support of genocide, and this is a reality that more and more pro-Israel and Jewish Democrats are facing.

Goldman would beg nuance from his constituents, to have them understand that his policies on Israel are complex, but where was his sense of nuance when he gave farcically bad interpretations of Trump’s "impeachable" phone call?

DAVID MARCUS: DEMOCRAT BUS HEADING OFF THE CLIFF, AS NYC SOCIALISTS HIT GAS PEDAL

Goldman has never sought to treat Trump or his administration fairly, or to give them a millimeter of benefit of the doubt. So it is fitting that so many Democrats are ready to kick him out the door, no questions asked.

With Rep. Alexandria Ocasio-Cortez’s handpicked candidate, Chris Rabb, winning his congressional primary in Philadelphia, and Lander cruising in New York, the socialist ranks among Democrats in Congress is rapidly growing.

Minority Leader Hakeem Jeffries, D-N.Y., wants to be speaker of the House, but he might wind up more like the general secretary of the Politburo.

LEFT, LEFTER AND LEFTIST: DEMOCRATS COULD BE DEFINED BY RADICAL, BIG CITY MAYORS

Goldman, like so many Democrats, thought that he could just ignore the growing wave of socialism in his party. He must have believed that meritorious service against Trump would win him enough points to keep his seat.

But gratitude is not a quality that socialists value. The revolution is too important for that. History teaches us that the useful idiots who cover for communism always meet just and unsavory desserts.

Nobody needs to cry for Goldman. He will go back to his life of wealth of leisure, barring a miracle comeback. But there is reason to worry about the country, as one of our major parties succumbs to socialism.

Sadly, instead of fighting to keep his party sane, Goldman watched it go crazy and said nothing. Now, the crazies are coming for him, and nobody can say that he doesn’t deserve it.

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Youngstown's Sid Jamieson to be inducted into Greater Buffalo Sports Hall of Fame

· Yahoo Sports

Youngstown native Sid Jamieson is taking his place among Western New York legends.

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Jamieson was announced as a member of the 2026 Greater Buffalo Sports Hall of Fame. The Lewiston-Porter High School graduate was the men’s lacrosse coach for Bucknell University, amassing 248 wins from 1968-2005.

Jamieson led the Bison to four Patriot League championships and was twice the United States Intercollegiate Lacrosse Association man of the year (1986 and 1996), while earning USILA coach of the year in 1996.

In 1968, Jamieson led Bucknell to 24 wins in its first 28 games as a program. Despite being a non-scholarship program, Jamieson guided the Bison to the NCAA Tournament in 2001. He finished his career with 19 All-Americans and 111 all-conference selections. And he did it while spending 25 years as an assistant coach for the Bucknell football team.

In 1983, Jamieson was the co-founder and first head coach of what became the Iroquois national team, coaching the team in the 1984 World Lacrosse Games. He later served as executive director of the Iroquois National Lacrosse organization and is an emeritus member of the board of directors.

Other inductees include:

• John Bennett: rowing coach of the six-time Royal Canadian Henley and the 1956 Olympic four-oared crew.

• Al Huetter: Former NFL and AFL official and a top referee in Western New York football, basketball and track and field.

• Jim Huetter: Esteemed cyclist and an NBA, NCAA and NFL official.

• Jake Kaminski: Two-time Olympic silver medalist and World Cup gold medalist in archery.

• Duke McGuire: First-round pick of the Detroit Tigers in 1972 and a Buffalo Bisons ambassador.

• Helen Nikiel: Professional softball pitcher and Buffalo State coach.

• Jean Porter: Nine-time Roller Derby all-star and a member of the Roller Derby Hall of Fame.

• Bob Rosen: Winningest high school hockey coach in state history and a two-time state coach of the year with Williamsville North.

• Lester Rowe: Former basketball star for Lafayette High School who started four years at West Virginia and became a Division I women’s coach.

• Justin Strzelczyk: A West Seneca native who played nine seasons at offensive tackle for the Pittsburgh Steelers.

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