SpaceX reportedly pursues $40 billion financing for Nvidia chips
SPCX•SpaceX shares fell 1.8% premarket after a report said the company plans to raise $40 billion to buy Nvidia AI chips. The proposed financing reportedly includes about $10 billion in bank loans and $30 billion in investment-grade debt, led by Apollo Global Management.
1. Proposed chip financing
SpaceX reportedly plans to raise $40 billion to purchase Nvidia AI chips, with Apollo Global Management leading the proposed financing. The funding reportedly comprises about $10 billion in bank loans and $30 billion in investment-grade debt. SpaceX, Apollo and Nvidia did not immediately respond to requests for comment.
