08-October-2026
Corporate News
 
SpaceX Seeks $40 Billion to Buy Nvidia Chips, FT Reports
07-Oct-2026

SpaceX is seeking to raise $40 billion in a financing effort led by asset manager Apollo Global Management to purchase Nvidia chips, the Financial Times reported on Tuesday, citing people familiar with the matter. The Elon Musk-led company is seeking to raise about $10 billion in bank loans and $30 billion in investment-grade debt to fund its chip order, the report said.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-06/spacex-seeks-40-billion-to-buy-nvidia-chips-ft-reports
 
 
 

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