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SpaceX seeks $40 billion Apollo-led deal for Nvidia chips
Original: SpaceX seeks $40B in Apollo-led deal to buy Nvidia chips, FT reports (SPCX:NASDAQ)
SpaceX is seeking roughly $40 billion in financing led by Apollo to purchase Nvidia chips, according to a Financial Times report picked up by market outlets. The deal would be one of the largest private financings tied to AI computing infrastructure, and investors are watching what it means for SpaceX's finances and for Nvidia's order book.
Why now: The sheer scale of a $40 billion chip purchase by a rocket company highlights the race for AI computing power.
SpaceXApolloNvidiaFinancial Times
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