Apollo Joins $11.5 Billion Race for German Gas Giant Uniper

Broadcom is arranging over $50B in financing for AI chips developed with OpenAI, according to WSJ. Lenders like Apollo and Blackstone are in talks. Oracle is also seeking funds for chip purchases. Broadcom aims to finance 20GW of computing capacity for AI developers by 2028, with initial $35B tranche led by Apollo and Blackstone.

SpaceX is reportedly in talks to raise $40B in debt, including $30B in bonds, to fund Nvidia AI chip purchases for its Starmind satellite program. Apollo Global Management is expected to lead the deal, with PIMCO among potential lenders. The chips will power SpaceX's planned constellation of satellites, with no prototypes launched yet. Nvidia is a key partner, holding SpaceX shares and partially guaranteeing the financing.

Apollo Global Management submitted a non-binding offer for German state-owned energy firm Uniper, which is being sold by the German government. The firm, valued at around €10 billion, has attracted bids from several suitors, including EPH, Brookfield, Canada Pension Plan Investment Board, Equinor, KKR, and RWE. The sale process is ongoing, with the government exploring both private and public sale options.

SpaceX is reportedly seeking $40 billion in financing, led by Apollo Global Management, to purchase Nvidia chips. The deal includes $10 billion in bank loans and $30 billion in debt. Nvidia is both a supplier and a shareholder of SpaceX. SpaceX shares fell 2% premarket. Nvidia's data center sales reached $193.7 billion in fiscal 2026, while SpaceX's capital expenditure hit $18.4 billion in Q2 2026. SpaceX has $93.5 billion in cash and $39.7 billion in debt as of June.

Apollo Global Management has submitted a non-binding bid for German energy firm Uniper, according to Reuters. Other bidders include Equinor, EPH, Brookfield, CPPIB, KKR, and RWE. The German finance ministry, which holds a 99.12% stake, aims to sell up to 74.12% of Uniper. Bidders will learn if they advance in the coming weeks.

Apollo Global Management has submitted a non-binding offer for German energy firm Uniper, according to Reuters. Other bidders include Equinor, EPH, and a consortium of Brookfield and CPPIB. The outcome may impact Uniper's future ownership and strategy.