Thursday, 5 November, 2026
Off-Balance-Sheet Bet: Wall Street Shops Massive $40B SpaceX Chip Deal
By TechShots Studio
Goldman Sachs and Apollo Global Management are approaching institutional investors to offload stakes of up to $500 million in a record-breaking $40 billion financing arrangement for SpaceX. The sale-and-leaseback structure—the largest GPU deal on record—allows SpaceX to lease Nvidia AI hardware while keeping debt off its balance sheet to support its rapidly expanding computing infrastructure.
Read full story at REUTERS