Funding
SpaceX Secures $40 Billion in Debt Financing for GPUs
SpaceX has closed $40 billion in debt financing to purchase graphics processing units (GPUs). The deal, announced by Elon Musk on October 25, 2026, includes $10 billion in bank loans and $30 billion in investment-grade debt. The financing is expected to arrive in the first and second quarters of 2027, and the company intends to use the GPUs for AI data centers and internal projects. Musk also highlighted concerns about a growing lending crunch for AI infrastructure projects that lack other substantial sources of revenue.