Technology · 4 hours ago

Musk's $40bn Chip Splurge: SpaceX Lines Up Debt to Buy Nvidia Hardware

SpaceX is seeking about $40 billion to fund a huge order of Nvidia chips, according to a Financial Times report cited by Reuters. The package would reportedly combine around $10 billion of bank loans with $30 billion of investment-grade debt, with Apollo Global Management leading and Pimco among lenders in talks. The deal is expected to close in 2027. The companies did not immediately comment.

By BriefTea Editorial · 7 October 2026 at 8:32

Reported by The Economic Times · How we write briefs

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