SpaceX (SPCX) is looking to borrow $40 billion to pay for Nvidia (NVDA) AI chips, the Financial Times reported. About $10 billion would come from bank loans and $30 billion from investment-grade bonds. Apollo Global Management is expected to lead the deal and sell the debt to investors, with Pimco among the lenders in talks. Closing is not expected until 2027. The raise equals roughly 1.8% of SpaceX’s market value of about $2.17 trillion. SpaceX closed Tuesday at $171.92, up $23.29 in five days, or about 15%, though still roughly 24% below its 52-week high of $225.64. Elon Musk has said SpaceX will build its data centers only on Nvidia hardware, and that xAI’s Colossus 2 could run more than twice as many Nvidia chips by December.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Cregis says larger brokers are increasingly looking beyond payment acceptance as digital asset operations become…
Nvidia is facing a mix of growing demand from US customers and weaker business in…
Story Highlights The live price of the COMP crypto is . The Compound price could…
Story Highlights The live price of the eCash token is . The XEC price is…
Story Highlights The live price of the BitTorrent token is BTT price could potentially trade…
Story Highlights The live price of the TAO crypto is . Bittensor Price could show…
