SpaceX looks to raise $40bn to buy Nvidia chips in financing led by Apollo
- Posted on October 6, 2026
- By Financial Times
- 1 Views
- 1 min read
SpaceX is pursuing a substantial $40 billion financing round spearheaded by Apollo Global Management, primarily aimed at acquiring advanced Nvidia chips. This significant capital injection reflects the escalating investment demands within the aerospace and artificial intelligence sectors, as companies race to secure cutting-edge semiconductor technology. The deal underscores how infrastructure and computational power have become critical competitive factors in modern space exploration and AI development.
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