SpaceX closes $40 billion debt deal for AI chips, Elon Musk says

Elon Musk announced via X that SpaceX closed $40 billion in debt financing to purchase graphics processing units (GPUs), according to CNBC. MarketWatch reported that SpaceX operates an AI business that rents access to advanced chips. The outlets did not provide additional details on the use of proceeds or the lenders involved.

• CNBC — SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
• MarketWatch — Musk says SpaceX landed a $40 billion debt deal — and forecasts doom for some AI rivals

Next story