SpaceX is seeking to raise about $40 billion in financing to buy Nvidia chips, according to multiple reports that cite the Financial Times. The proposed fundraising is described as being led by Apollo Global Management, and it is framed as meeting growing demand from AI developers for more computing capacity.
The reporting ties the financing effort to broader spending trends around chips and supporting infrastructure needed for AI workloads. One outlet also details a breakdown of the financing structure, saying it would include roughly $10 billion in bank loans and $30 billion in investment-grade debt. Other coverage focuses primarily on the reported size of the round and Apollo’s role, without giving further terms.
Overall, the outlets agree on the reported objective, the approximate amount, and the involvement of Apollo, while differing in emphasis—some highlight the chip-demand context, and at least one provides more specific debt and loan composition.
