VERIFIEDBy Xavier Rivera· ·1 min read
Tesla discloses $573M in Musk empire transactions
Tesla's amended 10-K/A filing discloses $573 million in revenue from SpaceX and xAI, plus expenses to other Musk companies. The SEC submission offers the clearest view yet of transactions across Musk's corporate empire.
Source:Electrek
TL;DRAI · 60 sec read
Tesla's amended annual filing reveals a $573 million web of transactions connecting Elon Musk's companies, including $573 million in revenue from SpaceX and xAI alone, plus millions more in expenses to X, The Boring Company, and Musk's personal security firm.
The 10-K/A filing, submitted to the SEC on April 30, provides the most complete picture yet of how Musk's corporate empire trades with itself.
Tesla recognized $143.3 million in revenue from SpaceX in fiscal year 2025, primarily from vehicle sales. That figure aligns with data showing SpaceX bought 1,279 Cybertrucks in Q4 alone, representing 18% of all US Cybertruck registrations that quarter.
On the expense side, Tesla paid SpaceX $11.4 million under commercial, licensing, and support agreements, plus $400,000 for use of a SpaceX-owned aircraft.
The 10-K/A filing, submitted to the SEC on April 30, provides the most complete picture yet of how Musk's corporate empire trades with itself.
Tesla recognized $143.3 million in revenue from SpaceX in fiscal year 2025, primarily from vehicle sales. That figure aligns with data showing SpaceX bought 1,279 Cybertrucks in Q4 alone, representing 18% of all US Cybertruck registrations that quarter.
On the expense side, Tesla paid SpaceX $11.4 million under commercial, licensing, and support agreements, plus $400,000 for use of a SpaceX-owned aircraft.
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