SpaceX plans $40 billion funding for Nvidia AI hardware acquisition
SpaceX is exploring a potential $40 billion financing package to purchase Nvidia AI processors, aiming to boost its computing infrastructure. The funding would likely include $10 billion in bank loans and $30 billion in investment-grade debt, with a possible completion date in 2027. If successful, xAI could acquire around 5,000 Nvidia Rubin systems, containing approximately 360,000 AI accelerators, significantly expanding its AI capabilities.