SpaceX locks in $40B GPU financing deal with Apollo
October 27, 2026
SpaceX has reached a binding commitment for roughly $40 billion in financing for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called the deal the “largest committed GPU financing”.
Under the agreement, an entity managed by Apollo Global Management, the New York-based private equity giant, will buy the chips and…