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datacenter news

Elon Musk just spent $185 million on a mysterious AI data center deal in Memphis

May 23, 2026 by Brian Fagioli
SpaceX Unsplash

Elon Musk’s AI empire appears to be expanding again after a mysterious SpaceX subsidiary reportedly acquired the Colossus I data center property in Memphis for $185 million.

Categories Artificial Intelligence, Business Tags AI infrastructure, artificial intelligence, Colossus I, datacenter news, Elon Musk, GPU clusters, Memphis data center, SpaceX, xAI Leave a comment
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