SpaceX Plans $40B Debt Raise to Fund Nvidia AI Chip Procurement

Key Facts

1SpaceX is reportedly seeking $10 billion in bank loans and $30 billion in investment-grade debt to purchase Nvidia chips.

2SpaceX ended June with $100 billion in cash, cash equivalents, and marketable securities.

SpaceX is reportedly seeking $10 billion in bank loans and $30 billion in investment-grade debt to purchase Nvidia chips. The Motley Fool reported that the company aims to secure massive computing power for its AI initiatives through this debt structuring.

The capital raise proceeds despite SpaceX ending June 2026 with $100 billion in cash, cash equivalents, and marketable securities. Regarding market performance, NVDA closed at $237.47 on October 7, 2026, while SPCX closed at $167.6 on the same date, alongside a close of $472.2 for TSM.