[Elon Musk Acquires Mobile Power Generation Company APR Energy, Deal Valued at At Least $1 Billion] According to TechRepublic, Elon Musk recently acquired the mobile power generation company APR Energy, with the deal valued at at least $1 billion. Regulatory filings reveal that Duos Technologies sold its 5% non-voting stake in New APR Energy, earning a net profit of $50.4 million, estimating the company's overall valuation to exceed $1 billion. APR Energy is headquartered in Jacksonville, Florida, USA, and specializes in rapidly deployable gas and diesel power units, providing temporary or supplementary power for scenarios such as data centers. The total power generation capacity of its units exceeds 1GW, with some projects capable of being deployed within 15 to 30 days.