SpaceX secures $40B GPU financing to boost AI c...

SpaceX reached a binding commitment for roughly $40 billion in equipment financing from an Apollo-managed entity, which will buy AI chips and server hardware and lease them to the company. The filing said the leases would begin as equipment arrives in 2027, subject to closing conditions.

• The financing agreement covers roughly $40 billion in AI chips and related data-center equipment; the filing said SpaceX expected it to close by year-end, subject to conditions.· 1 source
• An entity managed by Apollo Global Management will buy the equipment and lease it to SpaceX for about five to five-and-a-quarter years.· 1 source
• SpaceX expected leases to start in the first half of 2027 as equipment is delivered; the article reported $7.6 billion in third-quarter revenue for its AI segment.· 1 source