SpaceX in talks with Apollo and banks to finance $40B Nvidia GPU purchase
SpaceX is reportedly negotiating with Apollo Capital Management and several banks to arrange financing for a $40 billion purchase of Nvidia GPUs, according to a person familiar with the discussions. The financing would largely rely on investment-grade debt markets, with the GPUs likely serving as collateral, just months after SpaceX raised $25 billion in bonds following its June IPO.