SpaceX Plans $40B Financing to Fund Nvidia AI Chip Procurement

Key Facts

1SpaceX is planning a $40 billion financing package including $10 billion in bank loans and $30 billion in investment-grade debt.

2The company will use the funds to procure Nvidia AI chips, with the transaction expected to close in 2027.

3Apollo Global Management is reportedly leading the proposed financing package for SpaceX.

SpaceX is planning a $40 billion financing package consisting of $10 billion in bank loans and $30 billion in investment-grade debt. The Financial Times reported that the company will use the funds to procure Nvidia AI chips, with the transaction expected to close in 2027. Apollo Global Management is reportedly leading the proposed financing round to support the company's AI infrastructure needs.

NVDA closed at $239.24 on October 6, 2026, while SPCX closed at $171.92 on the same date. In the financial sector, APO closed at $115.95 on October 6, 2026. These developments coincide with mixed performance across the semiconductor industry, where TSM closed at $482.3 and AMD closed at $649.42 on October 6, 2026.