Tuesday, 27 October, 2026
SpaceX Secures $40B GPU Financing Deal With Apollo to Power Its Expanding AI Infrastructure
By TechShots Studio
SpaceX has secured a commitment for approximately $40 billion in GPU financing through a lease agreement with an entity managed by Apollo Global Management. The deal will fund Nvidia’s next-generation Vera Rubin chips and related server equipment, supporting SpaceX’s AI services, including Grok and cloud computing. The agreement is expected to close by the end of 2026, with equipment deliveries and lease payments beginning in 2027.
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