Musk Says SpaceX Closed $40 Billion Debt Deal for AI Chips
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Elon Musk says SpaceX has closed $40 billion in debt financing to buy graphics processing units for its AI ambitions. He says the purchases are expected to arrive in the first and second quarters, and that the financing is primarily callable debt. Reuters reported that Musk credited SpaceX’s investment-grade status and revenue from Starlink and launch services with helping the company retain access to credit.
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