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DevelopingEconomy

SpaceX $40bn GPU debt financing

Elon Musk said SpaceX has closed a $40bn debt deal to pay for the chips it needs for its AI ambitions.

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25 Oct
The latest development

BloombergMon 26 Oct · 00:56 UTC

Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial…

01Developments

Developments

Monday 26 October

1 development
  1. 00:56 UTC· the latest

    Musk says SpaceX closed $40bn debt deal for AI chips

    Musk said the financing will pay for the chips SpaceX needs to fuel its artificial intelligence ambitions.

    1 sourceBloomberg
    • BloombergBlueskyMon 26 Oct, 00:56

      Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial intelligence ambitions.
      The original post

Sunday 25 October

1 development
  1. 21:35 UTC

    Musk: SpaceX closes $40bn GPU debt deal

    Musk said debt markets have almost entirely shut off money for companies lacking substantial non-AI revenue and predicted 'death and consolidation' for 200+ neoclouds.

    3 sourcesTechmeme, Reuters, Bloomberg
    • TechmemeRSSSun 25 Oct, 21:35

      Elon Musk says SpaceX closed $40B in GPU debt, debt markets have shut off credit for AI data center firms, and 200+ neoclouds face "death and consolidation" (Elon Musk/@elonmusk) Elon Musk / @elonmusk: Elon Musk says SpaceX closed $40B in GPU debt, debt markets have shut off cre
      The original post
    • ReutersBlueskySun 25 Oct, 21:35

      Musk says SpaceX raised $40 billion in debt for GPUs Elon Musk said SpaceX had closed $40 billion in debt financing for graphics processing ​units, adding the company's investment-grade status and revenue from ‌its Starlink satellite internet and launch businesses had helped pre
      The original post
    • BloombergBlueskySun 25 Oct, 22:30

      Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial intelligence ambitions.
      The original post
02Seen in the story

What it looked like.

Mon 26 Oct · 00:56 · Bloomberg

Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial…

Musk says SpaceX closed $40bn debt deal for AI chips

Sun 25 Oct · 22:30 · Bloomberg

Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial…

Musk: SpaceX closes $40bn GPU debt deal

Sun 25 Oct · 21:35 · Reuters

Musk says SpaceX raised $40 billion in debt for GPUs Elon Musk said SpaceX had closed $40 billion in debt financing…

Musk: SpaceX closes $40bn GPU debt deal