SpaceX Seeks $40 Billion Financing Led by Apollo to Buy Nvidia Chips
Deals·5 articles across 3 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Elon Musk’s SpaceX is seeking to raise $40 billion in a financing led by Apollo Global Management Inc. to buy Nvidia Corp.’s chips, the Financial Times reported, underscoring the insatiable demand among AI developers for more computing power.
This blockbuster debt deal is the latest sign of the vast spending on chips and other infrastructure underpinning AI.
SpaceXNvidiaApollo Global Management
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“Elon Musk’s SpaceX is seeking to raise $40 billion in a financing led by Apollo Global Management Inc. to buy Nvidia Corp.’s chips, the Financial Times reported, underscoring the insatiable demand among AI developers for more computing power.”
Bloomberg — SpaceX Seeking to Raise $40 Billion to Buy Nvidia Chips, FT Says“Blockbuster debt deal is the latest sign of the vast spending on chips and other infrastructure underpinning AI”
FT — SpaceX looks to raise $40bn to buy Nvidia chips in financing led by Apollo