United States · Business news · AI & Tech · 07 Oct 2026
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AI: Chips and hardware · Funding and deals · Cloud and data centres · Nvidia · xAI · Anthropic · Alphabet (Google) — more AI news
SpaceX is looking to raise about $40 billion to pay for a large purchase of Nvidia artificial-intelligence chips, according to a Financial Times report relayed by EconoTimes. The plan is roughly $10 billion of bank loans and $30 billion of investment-grade debt, with Apollo Global Management leading the fundraising and Pimco among the lenders in discussions. The chips are intended for the Colossus data centres that run Grok, the model of xAI, which SpaceX absorbed before its IPO earlier this year. SpaceX has also signed agreements to rent computing capacity to Anthropic and Google.
The finance angle: about $40 billion of new borrowing — $10 billion in loans and $30 billion in investment-grade debt — that flows almost entirely to Nvidia as chip revenue, with private-credit firms such as Apollo and Pimco earning the interest. SpaceX shareholders carry the debt; rental income from Anthropic and Google is part of what services it. For other AI-chip buyers it is a further large claim on Nvidia supply, and for credit markets another AI financing after Broadcom's reported $60 billion. The figures come from a press report, not a company filing.
Reported by EconoTimes — “SpaceX Seeks $40 Billion for Nvidia AI Chips” ↗ on 07 Oct 2026.
Official series on 07 Oct 2026 or the last day before it, and the latest observation.
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