SpaceX Closes $40 Billion Debt-Financing Deal for AI Buildout
SpaceX closed a $40 billion debt-financing deal to buy GPUs and related equipment for its artificial-intelligence buildout. The company said in a regulatory filing it entered a binding commitment letter with an Apollo-managed entity.
By Connor HartSpaceX has closed on a $40 billion debt-financing deal to buy graphics-processing units, or GPUs, and related equipment to help power its artificial-intelligence buildout.On Monday the company said in a regulatory filing that it entered into a binding commitment letter with an undiscl…