SpaceX Discloses Binding $40B Commitment for Nvidia AI Chip Financing
Key Facts
SpaceX disclosed a binding commitment for $40 billion in financing for AI chips in a regulatory filing on Monday, October 26, 2026. The deal includes participation from Apollo and Goldman Sachs to secure next-generation Vera Rubin chips from Nvidia.
SPCX closed at $147.49 on October 23, 2026, as the company expects delivery of the graphics processing units in the first half of 2027 according to Elon Musk's statement to Reuters. This financing supports the company's plan to increase capital spending to between $35 billion and $40 billion in the fourth quarter, following a $4.4 billion profit for the quarter ended September 2026 as reported by the Associated Press.
Latest Updates · 3
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Update: SpaceX signed a $40 billion master finance lease agreement with Apollo on October 26, 2026. The agreement is specifically designated to finance the deployment of Nvidia's Vera Rubin chips to bolster the company's computing capabilities.
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Update: SpaceX's AI segment contributed $7.6 billion to the company's total revenue for the third quarter of 2026. Elon Musk warned that access to debt markets is drying up for firms relying exclusively on data center revenue, signaling tightening credit conditions for pure-play infrastructure providers.
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Update: Apollo has been identified as the financing partner for SpaceX's $40 billion debt deal. The partnership supports the company's AI infrastructure investments as detailed by Elon Musk on October 26, 2026.