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Bloomberg · Carmen Arroyo ·

SpaceX agrees to a ~$40B equipment finance lease with Apollo to fund purchases of Nvidia GPUs for its AI initiatives, set to close before the end of 2026

SpaceX signed a roughly $40 billion equipment-finance lease with Apollo Global Management Inc. to pay for the chips needed to fuel its artificial intelligence ambitions.

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SpaceX agrees to a ~$40B equipment finance lease with Apollo to fund purchases of Nvidia GPUs for its AI initiatives, set to close before the end of 2026

Lead Source

Bloomberg — SpaceX agrees to a ~$40B equipment finance lease with Apollo to fund purchases of Nvidia GPUs for its AI initiatives, set to close before the end of 2026 ↗

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Oct 26Oct 27

Coverage

@elonmusk: Elon Musk says SpaceX closed $40B in GPU debt, debt markets have shut off credit for AI data center companies, and 200+ neoclouds face “death and consolidation”

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