SpaceX Secures $40 Billion Debt Deal to Fund Nvidia Chip Expansion

SpaceX has closed a $40 billion debt financing package to acquire Nvidia artificial intelligence chips for its rapidly expanding data center operations, marking one of the largest hardware acquisition financings in the AI infrastructure buildout. The deal, led by asset manager Apollo Global Management with participation from bond fund PIMCO and other institutional investors, consists of approximately $10 billion in bank loans and $30 billion in investment-grade debt obligations. The transaction targets a 2027 close, according to financial reports.