Funding
Elon Musk Confirms $40B SpaceX GPU Financing Deal
Elon Musk confirmed a $40 billion debt deal for SpaceX to fund AI chips. The Apollo will finance $40 billion in GPU clusters and related equipment, then lease them to SpaceX starting in the first half of 2027. SpaceX secured the $40 billion in mainly callable GPU financing, with Musk citing its investment-grade rating and revenue from Starlink and launches. The deal is expected to help SpaceX in its investment in AI chips.