SpaceX seeks $40B financing, led by Apollo, to buy Nvidia chips
SpaceX is seeking to raise about $40 billion to buy Nvidia chips in a financing led by Apollo Global Management, the Financial Times reported, with the deal expected to close in 2027 and consist of roughly $10 billion in bank loans and $30 billion in investment-grade bonds; Pimco is among the lenders in talks. Musk said previously that SpaceX has decided to build entirely on Nvidia technology, calling the Vera Rubin architecture the best AI platform. SpaceX, Nvidia, Apollo and Pimco did not immediately respond to requests for comment.