{"id":639207,"date":"2026-10-07T15:20:17","date_gmt":"2026-10-07T15:20:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/639207\/"},"modified":"2026-10-07T15:20:17","modified_gmt":"2026-10-07T15:20:17","slug":"spacex-seeks-40-billion-in-debt-financing-for-nvidia-ai-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/639207\/","title":{"rendered":"SpaceX seeks $40 billion in debt financing for Nvidia AI chips"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">According to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-10-06\/spacex-seeking-to-raise-40-billion-to-buy-nvidia-chips-ft-says\" data-ylk=\"slk:Bloomberg;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Bloomberg&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Bloomberg<\/a>, SpaceX is seeking $40 billion from banks and investors to fund the purchase of Nvidia AI chips. Bloomberg noted that the talks remain preliminary and may not result in a completed transaction.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">According to the Financial Times, as cited by <a href=\"https:\/\/kfgo.com\/2026\/10\/06\/spacex-seeks-40-billion-to-buy-nvidia-chips-ft-reports\/\" data-ylk=\"slk:Reuters;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Reuters&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Reuters<\/a>, the Elon Musk-led company plans to secure roughly $10 billion through bank loans and another $30 billion via investment-grade debt to fund the chip purchases. Apollo Global Management is expected to lead the financing, with bond fund Pimco among a small group of lenders in discussions to provide capital, and the transaction is expected to close in 2027, according to the Financial Times.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX, Apollo, and Nvidia did not immediately respond to requests for comment. Pimco declined to comment, according to Reuters.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX stock fell about 1% in extended trading following the report. Nvidia stock rose fractionally.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The proposed deal fits into a broader pattern of large-scale AI infrastructure financing. Apollo was among six financial institutions \u2014 along with BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR \u2014 that <a href=\"https:\/\/qz.com\/nvidia-wall-street-ai-infrastructure-financing-500-billion-081126\" data-ylk=\"slk:Nvidia%20partnered%20with%20in%20August;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Nvidia partnered with in August&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Nvidia partnered with in August<\/a> to establish compute financing platforms intended to mobilize more than $500 billion in third-party capital for AI infrastructure buildout. Apollo has also previously struck a $7 billion financing arrangement with Musk&#8217;s xAI startup for access to Nvidia chips earmarked for xAI&#8217;s Colossus 2 data center in Memphis, according to Bloomberg.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX has been building out its computing business at a significant pace. The company <a href=\"https:\/\/qz.com\/spacex-ai-computing-deal-billion-revenue-target-091126\" data-ylk=\"slk:signed%20an%20AI%20computing%20deal%20worth%20%241.1%20billion%20per%20month;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;signed an AI computing deal worth $1.1 billion per month&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">signed an AI computing deal worth $1.1 billion per month<\/a> with an undisclosed customer, adding roughly $13 billion in annualized revenue as it works toward a $100 billion annualized revenue run rate by the end of 2026. Earlier computing agreements include deals with Anthropic worth $1.25 billion monthly through May 2029, and a separate arrangement with Alphabet&#8217;s Google covering $920 million per month through June 2029.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">According to Bloomberg, Musk said last month that the Colossus 2 cluster at xAI could see its Nvidia chip count more than double before the year is out. The cluster currently holds 110,000 Nvidia GB200 chips and 440,000 GB300s, Musk said.  <\/p>\n","protected":false},"excerpt":{"rendered":"According to Bloomberg, SpaceX is seeking $40 billion from banks and investors to fund the purchase of Nvidia&hellip;\n","protected":false},"author":2,"featured_media":639208,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[6638,345,343,344,114,357,184,268,13368,85,4141,13516,9445,46,2450,8553,9331,266,13517,4861,688,5615,13369,13370,5268,13518,270,125,13519],"class_list":["post-639207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-401k","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-il","tag-investing","tag-investment-tools","tag-investor","tag-israel","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-technology","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/639207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=639207"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/639207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/639208"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=639207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=639207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=639207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}