FRONTIER · US
Apollo Global and banks finance SpaceX's $40B Nvidia GPU purchase
SpaceX is in talks with Apollo Global and banking partners to finance a reported $40B purchase of Nvidia GPUs for AI infrastructure expansion, following the company's record June 2026 IPO.
WHY IT MATTERS
Confirms scale of AI compute capital requirements now requires structured financing; similar mega-deals will reshape corporate treasury and create new counterparty risks for BFSI lenders.
Source: CNBC Tech/Finance · 2026-10-07