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thenextweb.comOCT 72 min read$NVDA

SpaceX reportedly in talks to borrow $40B to buy Nvidia AI chips

SpaceX is reportedly in talks to borrow $40B, including $10B in bank loans and $30B in investment-grade debt, to purchase AI chips from Nvidia. Apollo Global Management is expected to lead the deal. SpaceX plans to use the chips for its AI data centers and rents them to other companies, like Google, for $920M monthly. Nvidia has also set up financing platforms to support AI infrastructure. SpaceX shares fell 1% in after-hours trading, while Nvidia rose 0.5%.

Original reporting
thenextweb.com
Published Oct 7, 2026, 8:27 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 7, 2026, 9:45 AM UTC. Informational, not investment advice.
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SpaceX reportedly in talks to borrow $40B to buy Nvidia AI chips — source image
Source · thenextweb.com
Decision brief

The 30-second read

$NVDABullishMed
01

Why it matters

The deal underscores accelerating AI compute demand and could serve as a catalyst for Nvidia's stock and the broader AI‑hardware sector.

02

Market read

First‑report of a multi‑billion‑dollar financing tied to AI chip demand; modest immediate price move but significant sector implications.

03

What to watch

Execution risk of the $40B debt raise and timing of chip deliveries could delay the anticipated demand boost.

Relevance 9/10Novelty 9/10Timing: after-hours today

Background

SpaceX, a private aerospace company, is reportedly arranging a massive $40 billion debt package to fund the purchase of Nvidia AI GPUs for its data‑center operations.

Company-level read

Ticker impact

$NVDABullishHigh confidence
Context

Nvidia rose ~0.5% after-hours as news broke that SpaceX is negotiating a $40B debt package to purchase Nvidia AI chips.

Expected impact

modest upside as the market prices in increased demand for Nvidia chips

Evidence & confidence

SpaceX is a high‑profile customer; a $40B purchase plan underscores long‑term growth for Nvidia's AI hardware business.

Market effects

Sector

Boosts outlook for AI‑chip sector and related cloud providers.

Regional

U.S. tech equities may see slight lift; global AI hardware suppliers could benefit.

Global

Highlights growing capital allocation to AI infrastructure worldwide.

Counterpoint

What could challenge this read

The financing could signal over‑leveraging risk for SpaceX, potentially dampening long‑term demand if the debt burden proves unsustainable.

Key entities

  • company
    SpaceX

    Private aerospace firm seeking large‑scale AI compute capacity.

  • company
    Nvidia

    U.S. semiconductor leader supplying AI GPUs.

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