Musk stated that SpaceX has completed a $40 billion debt financing round to purchase GPUs for supporting AI systems, with the equipment expected to arrive in the first and second quarters of 2027. Previously, Bloomberg reported that SpaceX is seeking to raise $40 billion to buy NVIDIA chips and plans to use a special-purpose vehicle for financing to avoid directly recording the debt on SpaceX’s balance sheet. Goldman Sachs is reportedly leading the financing negotiations with investors, including Apollo Global Management.
SpaceX completes $40 billion debt financing for AI GPU procurement
TechFlowShare
Summary
SpaceX has finalized $40 billion in debt financing for AI GPU procurement, with equipment expected in Q1 and Q2 of 2027. Bloomberg previously reported that the company was seeking funds to purchase NVIDIA chips, using a special purpose vehicle to avoid listing the debt on its balance sheet. Goldman Sachs is leading the deal, with Apollo Global Management among the investors. This AI and crypto news emerges amid growing interest in exchange listing updates as major players expand their infrastructure.
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