SpaceX seeks 40 billion dollars to buy Nvidia artificial intelligence chips

SpaceX is seeking to raise 40 billion dollars to purchase artificial intelligence chips from Nvidia, according to financial media reports.

FTMQ Tech, written by our newsroom7 October 2026 at 01:040 views

SpaceX is seeking to raise 40 billion dollars in financing to buy chips from Nvidia Corporation, Bloomberg Tech, the Financial Times, and Reuters reported. The fundraising effort is being led by Apollo Global Management Incorporated. [1][2][5]

According to Bloomberg Tech, citing reports by the Financial Times, SpaceX plans to raise approximately 10 billion dollars in bank loans and 30 billion dollars in investment-grade debt to pay for the computing hardware. [1][2]

Nvidia is an American technology company based in Santa Clara, California. It was founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, and develops graphics processing units and systems for artificial intelligence applications. [10]

The massive proposed financing deal highlights the growing demand among artificial intelligence developers for specialized computing hardware and infrastructure, Bloomberg Tech and the Financial Times reported. [1][2]

SpaceX is seeking to raise 40 billion dollars to buy Nvidia chips.
The financing package includes 10 billion dollars in bank loans and 30 billion dollars in investment-grade debt.
Apollo Global Management Incorporated is leading the financing effort.
Nvidia was founded in 1993 and is headquartered in Santa Clara, California.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

[1]SpaceX Seeking to Raise $40 Billion to Buy Nvidia Chips, FT SaysBloomberg Tech, 2h ago (the report this story comes from)
[2]SpaceX looks to raise $40bn to buy Nvidia chips in financing led by ApolloFinancial Times Tech, 3h ago
[3]Buy an Nvidia RTX 5070 Ti 16GB for only $1099Tom's Hardware, 10h ago
[4]Not Nvidia. Not Micron. If I Could Buy and Hold Only 1 Artificial Intelligence (AI) Chip Stock Through 2030, It Would be This One.The Motley Fool, 9h ago
[5]SpaceX seeks $40 billion to buy Nvidia chips, FT reportsReuters, 2h ago
[6]SpaceX Seeking to Raise $40 Billion to Buy Nvidia Chips, FT SaysBloomberg.com, 2h ago
[7]SpaceX seeks $40 billion to buy Nvidia chips, FT reports By ReutersInvesting.com, 2h ago
[8]SpaceX seeks to raise $40 billion to buy Nvidia chips — Channel NewsAsiaUA.NEWS, 2h ago
[9]SpaceX seeks $40 billion to buy Nvidia chips, FT reportsAOL.com, 2h ago

Background

[10]Nvidia on Wikipedia
[11]SpaceX Starshield on Wikipedia

Our newsroom writes these reports with the help of software, from the 11 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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