SpaceX Seeks $40B Chip Buy

SpaceX seeks $40B for Nvidia chips, Economic Observer says.

Per the Financial Times, Apollo would lead the raise. It would include about $10B in loans and $30B in investment-grade bonds, closing in 2027.

SpaceX issued $25B in bonds after its June listing, but debt concerns led to a sell-off. The plan is not confirmed. Relevant parties declined to comment.