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SpaceX Completes $40 Billion Deal to Secure AI Chips

The funding, primarily in the form of debt with an early repayment option, is expected in the first and second quarters of 2027

27 Oct, 14:19Read in Russian
Первоисточник — Photo by Sven Piper on Unsplash

SpaceX has closed $40 billion in debt financing to purchase graphics processors. Elon Musk stated that the company has an investment-grade rating and generates revenue from the Starlink satellite internet service and rocket launches.

He also stated that debt markets have nearly completely shut off financing access for companies without substantial revenue outside of AI data centers.

Musk predicts that over 200 so-called neocloud companies will face mass market exits and consolidation, with only a small fraction surviving.

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Original source: Elon Musk
Based on a report by: CNBC

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