$131 Million Worth Of Cybertrucks Went To One Buyer, And Elon Musk Owns It

SpaceX is heading for the public markets, and its prospectus has put a hard number on something Tesla watchers have suspected for a while. Since 2023, Tesla has booked roughly $890 million in revenue from SpaceX and xAI, the artificial intelligence outfit Elon Musk founded and folded into SpaceX in February.

Musk’s space exploration company has proven to be rather fond of the all-electric Cybertruck, despite its popularity falling off a cliff among private buyers. Last year, SpaceX purchased $131 million worth of Cybertrucks from Tesla.

Doing The Math On 131 Million Dollars

At the Cybertruck’s current sticker prices of $69,990, $79,990, and $99,990, that $131 million works out to between 1,310 and 1,872 trucks, depending on trim mix. A realistic blend, weighted toward the base and mid trims that fleet buyers typically favor, lands closer to 1,700 to 1,800 units. The exact figure depends on which trims SpaceX actually bought and when, since pricing has moved over the past 12 months.

These vehicles were purchased at MSRP and, according to the regulatory filing, payments were made on similar terms to normal transactions. While it all seems to be above board, one may wonder if SpaceX bolstering sales of the Cybertruck has helped to boost Tesla’s share price.

Sales Slip

Recent registration data revealed that SpaceX purchased 1,279 Cybertrucks in the fourth quarter of 2025. This represented more than 18 percent of the total number of Cybertrucks registered across this period. An additional 60 trucks were also purchased by xAI, The Boring Company, and Neuralink. Musk’s companies also purchased 158 Cybertrucks in January of this year, and 67 in February.

Read: Tesla’s Running Out Of Cybertruck Buyers, So Musk’s Other Companies Are Buying It

Overall interest in the Cybertruck has slipped significantly in the two-and-a-half years since deliveries began. In 2024, Tesla sold 38,965 Cybertrucks in the US, making it the best-selling electric pickup in the country. However, sales slipped to just 20,237 in 2025 and fell even further through the first quarter of this year, with just 3,519 reportedly sold.

SpaceX and xAI haven’t just tapped Tesla for Cybertrucks. In 2024, they purchased $191 million worth of Megapack energy-storage batteries from the automaker. This figure swelled to a massive $506 million last year, The Wall Street Journal reports.