Elon Musk says SpaceX raised $40 billion in debt for GPUs
Musk's post comes after Reuters reported earlier this month that SpaceX is in talks with banks and asset managers to raise $40 billion for the purchase of Nvidia artificial intelligence chips.
Via Economic Times
Elon Musk said SpaceX had closed $40 billion in debt financing for graphics processing units, adding the company's investment-grade status and revenue from its Starlink satellite internet and launch businesses had helped preserve its access to credit."This is primarily callable debt for GPU purchases that will arrive in Q1 and Q2. Not a major factor this quarter." Musk said in a post on X.Musk's post comes after Reuters reported earlier this month that SpaceX is in talks with banks and…
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