As I mentioned earlier this year Elon Musk had a lot to say about how the failures of capitalism make fossil fuels profitable when he gets permission for dozens of gas turbines to power data centers that power AI innovations like Grok. During an interview in 2014. Here is an example:
(…) because there is no price for carbon emissions, this makes things that produce carbon very useful because no real price is paid. So, if you are a petrochemical engineer, you can make a lot of money, but you really shouldn’t make that much money.
Anyway, like Electrek noticed yesterdayIn May, Musk bought APR Energy, a mid-sized fossil fuel energy company that provides mobile gas turbines for electricity generation. The documents are posted on the FTC website confirm that the “buying party” is Elon Musk – not, say, SpaceX. But there was no publicity blitz or press release about the acquisition, and a site search for “Musk” on the APR Energy website returns zero results.
And this is not a small company. Electrek estimates the volume at $1 billion. Bio for CEO on APR energy website notes that the company has 800 employees.
And he has a YouTube channel:
Congratulations to Elon Musk on an exciting new business venture.
