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SpaceX is seeking $40 billion in financing to purchase Nvidia AI chips, according to Bloomberg and FT reports
90,618 posts · 58,217 accounts · -12% vs the day before
- Bloomberg reports SpaceX, ticker $SPCX, is in talks with banks and investors to raise $40 billion of debt for Nvidia chip purchases, with $10 billion sought in bank loans[50]
- FT corroborates that SpaceX is pursuing $40 billion in financing for Nvidia AI chips, with Apollo leading the effort[75]
Posts cited
[50] The Kobeissi Letter · @kobeissiletter ·
BREAKING: SpaceX, $SPCX, is in talks with banks and investors to raise $40 billion of debt to buy chips from Nvidia amid "insatiable demand" among AI developers, per Bloomberg. The company is seeking to raise about $10 billion in bank loans and $30 billion in investment-grade debt to pay for the chips. The AI Revolution is even stronger than most people realize.
Open on X[75] Polymarket · @polymarket ·
JUST IN: SpaceX is reportedly seeking $40,000,000,000.00 to fund purchases of Nvidia AI chips, with Apollo leading the financing. — FT
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