SpaceX seeks $40 billion in debt financing for Nvidia chip purchases
The proposed financing would be led by Apollo Global Management, according to the Financial Times. Bloomberg reports that SpaceX is discussing the borrowing with banks and investors, citing people familiar with the matter. The talks come amid growing demand from AI developers for computing power.
- Elon Musk leads SpaceX.
Covered by 3 publishers within 3 hours of the first report.
Reporting3
Bloomberg Musk’s SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips · Laura Benitez and Carmen Arroyo
The Information SpaceX Seeks to Raise $40 Billion From Apollo to Buy Nvidia Chips · Tiffany Li
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