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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

Private equity firm Apollo Global Management and a group of banks are reportedly in talks to arrange financing for SpaceX's roughly $40 billion purchase of Nvidia graphics processors, according to CNBC. The deal would give Elon Musk's company the massive computing power needed for AI training and other projects, and would rank among the largest equipment financing arrangements ever assembled.

Why now: The sheer scale of the financing, one of the largest ever for computing hardware, has drawn widespread attention.

SpaceXApollo Global ManagementNvidiaElon Musk

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Evidence

• 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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