SpaceX Agrees to Roughly $40 Billion Apollo Hardware Lease Deal
SpaceX said it would lease data center hardware, including AI chips, from an entity managed by Apollo Global Management. The deal totals roughly $40 billion in principal payments.
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Apollo Global Management, Inc. NYSE:APO
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BRIEF-Spacex Lease Deal With Apollo To Deliver Next Generation Of Nvidia Vera Rubin Chips For Spacex
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By Connor HartElon Musk's SpaceX reached an agreement with an undisclosed entity managed by Apollo Global Management to finance the acquisition of graphics-processing units and related equipment for use in data centers.Under the agreement, described as a binding commitment letter, the Apollo-manage…
SpaceX NASDAQ:SPCX said on Monday it would lease data center hardware, including AI chips, from an entity managed by Apollo Global Management NYSE:APO under a deal totaling roughly $40 billion in principal payments.