{"id":318300,"date":"2026-06-24T17:17:07","date_gmt":"2026-06-24T17:17:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/318300\/"},"modified":"2026-06-24T17:17:07","modified_gmt":"2026-06-24T17:17:07","slug":"elon-musk-identified-as-buyer-of-jacksonville-business-in-ftc-filing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/318300\/","title":{"rendered":"Elon Musk identified as buyer of Jacksonville business in FTC filing"},"content":{"rendered":"<p>FILE &#8211; Elon Musk departs after a welcome ceremony with President Donald Trump and China&#8217;s President Xi Jinping at the Great Hall of the People, Thursday, May 14, 2026, in Beijing. (AP Photo\/Mark Schiefelbein, File) (Mark Schiefelbein,  Copyright 2026 The Associated Press. All rights reserved.)<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">JACKSONVILLE, Fla. \u2013 Trillionaire Elon Musk bought the assets of Jacksonville-based APR Energy, according to a Federal Trade Commission filing, according to our news partners at the <a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/jun\/23\/ftc-filing-identifies-elon-musk-as-buyer-of-jacksonville-business\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/jun\/23\/ftc-filing-identifies-elon-musk-as-buyer-of-jacksonville-business\/\">Jacksonville Daily Record.<\/a><\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Duos Technologies Group Inc., which owned 5% of the business, disclosed the sale in a May 28 Securities and Exchange Commission filing but did not name the buyer. No other announcement of the sale was made.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">However, a notice on the FTC\u2019s website shows the agency issued an early termination notice for the deal May 14, meaning there would be no further antitrust review.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">The FTC notice lists Elon Musk as the buyer of the entity called New APR Energy LLC.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Read more on the <a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/jun\/23\/ftc-filing-identifies-elon-musk-as-buyer-of-jacksonville-business\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/jun\/23\/ftc-filing-identifies-elon-musk-as-buyer-of-jacksonville-business\/\">Jacksonville Daily Record.<\/a><\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 kfUEDb copyright\">Copyright 2026 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"FILE &#8211; Elon Musk departs after a welcome ceremony with President Donald Trump and China&#8217;s President Xi Jinping&hellip;\n","protected":false},"author":2,"featured_media":318301,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[132287,30577,80120,116,132286,118,117],"class_list":["post-318300","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-apr-energy","tag-elon-musk","tag-ftc","tag-jacksonville","tag-jacksonville-business","tag-jacksonville-headlines","tag-jacksonville-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/318300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=318300"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/318300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/318301"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=318300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=318300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=318300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}