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SpaceX in Talks to Borrow $40 Billion for Nvidia Chips

Original: SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips

Bloomberg reports that Elon Musk's SpaceX is in talks to borrow roughly $40 billion to purchase Nvidia chips, one of the largest corporate financing efforts ever discussed. The deal would fund the company's push into artificial intelligence computing, expanding beyond its core rocket launch and satellite internet businesses. Details on lenders, terms and timing have not been confirmed.

Why now: The sheer scale of the proposed borrowing and SpaceX's move into AI computing would mark a major shift for the company.

SpaceXNvidiaElon MuskBloomberg

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Evidence

• SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips · Bloomberg.com
• SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips · Bloomberg.com

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