SpaceX secures about $40B in AI equipment financing from Apollo-linked entity
What happened
TechCrunch reported on October 27, 2026 that SpaceX has secured about $40 billion in financing commitments for AI chips and related data center equipment. An entity managed by Apollo Global Management buys the equipment and leases it to SpaceX. The report calls the arrangement a GPU financing deal between SpaceX and Apollo. Only the financing commitment has been disclosed; the report gives no timeline for equipment purchase, delivery or deployment.
Written by AI from the coverage · updated 2 hours ago
Coverage
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- TechCrunch · AIPickSpaceX and Apollo finalize $40B GPU financing deal
SpaceX says it has secured about $40 billion in financing commitments for AI chips and related data center equipment. Entities managed by Apollo Global Management will buy the equipment and lease it back to SpaceX.
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