TechnologySpaceX Plans $40 Billion Raise for Nvidia AI Chips Amid Demand Surge
SpaceX is planning to raise about $40 billion to finance the purchase of Nvidia AI chips, highlighting the high costs of expanding AI computing capacity. The company aims to secure $10 billion through bank loans and $30 billion via investment-grade debt, with Apollo Global Management leading the financing. The deal is expected to close in 2027 as SpaceX expands its AI data centers using Nvidia hardware exclusively.
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