Apollo

SpaceX is seeking $40 billion in financing led by Apollo to fund purchases of Nvidia chips, according to a Financial Times report carried by Reuters. The scale of the deal underscores the enormous capital demands of SpaceX's computing and AI infrastructure ambitions, and puts Apollo at the center of one of the largest private financing efforts ever attempted.

SpaceX is seeking roughly $40 billion in a deal led by Apollo to finance purchases of Nvidia chips, the Financial Times reports. The move would give Elon Musk's space company a major war chest for AI computing power, and comes amid an industry-wide scramble for Nvidia's processors. The reported scale of the arrangement is drawing attention to how far Musk's companies are reaching into the AI and semiconductor race.

SpaceX is negotiating a roughly $40 billion financing package to fund large-scale purchases of Nvidia chips, with Apollo leading the deal, according to the Financial Times. The move would give Elon Musk's space company major computing power for AI and satellite ambitions, and it is drawing attention to the growing overlap between the space industry and the AI infrastructure race.

SpaceX is seeking to raise $40 billion from Apollo in a deal linked to buying Nvidia chips, according to The Information. The reported financing would give Elon Musk's space company access to large-scale computing power at a time when tech firms are racing to secure Nvidia's AI processors. The size of the possible deal drew immediate attention across the tech and finance sectors.