$SPCX SEEKS $40B TO FUND MASSIVE $NVDA CHIP PURCHASE: FT
SpaceX is looking to raise about $40B in financing led by Apollo to fund purchases of Nvidia chips.
The plan includes roughly $10B in bank loans and $30B in investment-grade debt, with the transaction expected to close in 2027.
Elon Musk said in August that SpaceX had “decided to build exclusively on Nvidia,” specifically pointing to its Vera Rubin architecture, as the company ramps spending on AI and data-center infrastructure.