Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase

Apollo Capital Management and several banks are negotiating financing for SpaceX's $40 billion purchase of Nvidia GPUs. The plan would use investment‑grade debt, likely backed by the GPUs as collateral, following SpaceX's recent $25 billion bond issuance. Apollo is leading the effort; Nvidia has not commented.

Source: Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase — CNBC

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Topics: spacex · nvidia · gpu · finance · tech