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Musk says SpaceX secured $40 billion in debt to buy GPUs
Elon Musk said on X that SpaceX had completed $40 billion in debt financing, mainly to pay for GPU hardware expected to arrive in the first and second quarters of 2027. He described most of the funding as redeemable debt and said it was not a major factor for the current quarter.
Source published: Brief prepared:
What to know
- 01
Musk said most of the financing was redeemable debt, with GPU deliveries expected in the first two quarters of 2027.
- 02
Reuters previously reported that SpaceX was in talks with banks and asset managers to raise $40 billion for Nvidia AI chips.
Why it matters
The reported financing illustrates the scale of funding involved in AI computing hardware purchases.
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