SpaceX plans $40 billion debt raise to buy Nvidia AI chips
SpaceX is negotiating a $40 billion financing package, split into roughly $10 billion of bank loans and $30 billion of investment‑grade bonds, to purchase Nvidia AI processors for its data‑center operations. The effort is being led by Apollo Global Management, with Pimco among the lenders in talks, and is slated to close in 2027. The announcement sent SpaceX shares down about 1 % in after‑hours trading while Nvidia’s stock rose roughly 0.5 %.
Why it matters
The financing would add a large corporate‑bond issuance to the AI‑related debt market, testing investor appetite for such large AI‑infrastructure loans (as noted by Goldman Sachs in material [4]). Nvidia stands to benefit from a sizable order, reinforcing its revenue outlook for AI chips (as described in material [6]).
Key facts
- 1SpaceX is seeking a total of $40 billion in financing. investinglive.com
- 2The package would comprise about $10 billion in bank loans. investinglive.com
- 3The remaining $30 billion would be raised through investment‑grade debt. investinglive.com
- 4Apollo Global Management is expected to lead the transaction. investinglive.com
- 5The financing is expected to close in 2027. investinglive.com
- 6SpaceX shares fell roughly 1 % in extended trading after the report. investinglive.com
Summary written by AlphAI from 20 of 29 sources. Not investment advice. Figures are as stated by the linked sources.