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● LIVE Updated 1h ago Β· 16 sources tracked

SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips

Elon Musk-led SpaceX is negotiating to borrow $40 billion in financing led by Apollo and banks to purchase Nvidia artificial intelligence chips. About $10 billion of the massive debt package would originate from banks. This effort ranks among the largest debt financings dedicated to the artificial intelligence infrastructure boom. Following reports of the funding talks, SpaceX stock slipped in after-hours trading. The initiative highlights heavy corporate spending on data centers and advanced hardware to power artificial intelligence systems, even as market observers debate potential asset bubbles.

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  • βœ“ SpaceX is in talks to borrow $40 billion in a financing round led by Apollo to buy Nvidia chips.
  • βœ“ Approximately $10 billion of the proposed funding package would come from banks.
  • βœ“ SpaceX stock dropped in after-hours trading following the reports of the debt initiative.
πŸ›‘οΈ Source Corroboration: 16 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

SpaceX entered discussions with Apollo and various banks to secure a $40 billion debt package specifically dedicated to purchasing Nvidia hardware.

Live updates

  1. SpaceX Eyes $40 Billion Debt Financing for Nvidia AI Chips

    Elon Musk-led SpaceX is negotiating to borrow $40 billion in financing led by Apollo and banks to purchase Nvidia artificial intelligence chips. About $10 billion of the massive debt package would originate from banks. This effort ranks among the largest debt financings dedicated to the artificial intelligence infrastructure boom. Following reports of the funding talks, SpaceX stock slipped in after-hours trading. The initiative highlights heavy corporate spending on data centers and advanced hardware to power artificial intelligence systems, even as market observers debate potential asset bubbles.

    Why it matters

    The massive debt push arrives after SpaceX completed a record-breaking initial public offering in June. Since that market debut, interest rates have sold off, and yields on bonds tied to artificial intelligence have risen. Industry heavyweights continue to borrow billions to build and lease data centers, deepening ties between hardware giants like Nvidia and aerospace firms expanding into computing infrastructure.

    What is confirmed

    • SpaceX is in talks to borrow $40 billion in a financing round led by Apollo to buy Nvidia chips.
    • Approximately $10 billion of the proposed funding package would come from banks.
    • SpaceX stock dropped in after-hours trading following the reports of the debt initiative.

    Still unconfirmed

    • SpaceX is racing to lock in an exclusive chip supply deal through the borrowed funds.

    What to watch next

    • Finalization of the Apollo-led loan terms and bank participation
    • Official confirmation from SpaceX or Nvidia regarding the chip procurement deal
    • Broader market response to high-yield artificial intelligence debt offerings
    Sources used for this update (18)
    1. Financial Times β€” SpaceX looks to raise $40bn to buy Nvidia chips in financing led by Apollo
    2. Bloomberg.com β€” SpaceX Seeking to Raise $40 Billion to Buy Nvidia Chips, FT Says
    3. Yahoo Finance β€” SPCX Stock Slips After-Hours As SpaceX Reportedly Seeks $40B For Nvidia Chips
    4. Reuters β€” SpaceX seeks $40 billion to buy Nvidia chips, FT reports
    5. Yahoo Finance β€” SpaceX Stock Drops After Hours as Elon Musk-led Company Seeks $40 Billion to Buy Nvidia Chips
    6. Investing.com β€” SpaceX seeks to raise $40 bln to buy Nvidia chips- FT
    7. The Next Web β€” SpaceX reportedly in talks to borrow $40B to buy Nvidia AI chips
    8. Bloomberg.com β€” Musk’s SpaceX Wants $40 Billion for Chips as Dalio Warns of AI Bubble
    9. Barron's β€” SpaceX and Nvidia Strengthen Ties as Musk Spends Big on AI Chips. What It Means for the Stock.
    10. www.ntd.com β€” Are AI Stocks in a Bubble?
    11. www.cnbc.com β€” SpaceX in talks with Apollo, banks to back $40B Nvidia chip buy
    12. coinpedia.org β€” Nvidia Stock Price Today: SpaceX Seeks $40 Billion In Debt To Buy Nvidia AI Chips
    confidence 95%
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