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SpaceX seeks $40 billion financing to buy Nvidia AI chips

SpaceX is seeking $40 billion in financing to purchase Nvidia AI chips, according to Yahoo Finance. The move would put the rocket company, led by Elon Musk, among the biggest buyers of advanced AI computing hardware, underscoring how Musk's businesses are racing to secure scarce GPUs for artificial intelligence work alongside rivals like xAI and OpenAI.

Why now: The scale of the financing and SpaceX's entry into the AI chip race marks a striking expansion beyond its core rocket and satellite business.

SpaceXNvidiaElon Musk

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