Sources: SpaceX is seeking to raise $40B, including ~$10B in bank loans and ~$30B in investment-grade debt, to purchase Nvidia chips, in a deal led by Apollo (Financial Times)
Apollo is leading a proposed financing package that would turn SpaceX’s chip buy into a $40 billion debt raise.
SpaceX is seeking about $10 billion in bank loans and roughly $30 billion in investment-grade debt, according to the Financial Times item carried by Techmeme. The money would go toward purchasing Nvidia chips. Bloomberg and Reuters also picked up the FT report. Techmeme's note
SpaceX is seeking about $10 billion in bank loans and roughly $30 billion in investment-grade debt, according to the Financial Times item carried by Techmeme. The money would go toward purchasing Nvidia chips. Bloomberg and Reuters also picked up the FT report. Techmeme's note
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