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

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

Apollo Global Management and a group of banks are reportedly in talks to finance SpaceX's purchase of Nvidia GPUs, a deal valued at roughly $40 billion. The financing would support Elon Musk's space company's expanding artificial intelligence computing ambitions, as Nvidia's chips remain central to AI infrastructure projects across the tech industry.

Why now: It highlights the massive scale of AI-driven chip spending and the unusual step of private credit financing a non-chip company's hardware purchase.

SpaceXApollo Global ManagementNvidiaElon Musk

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

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