AI summary
SpaceX secured a record $40 billion loan to buy AI chips, signaling a massive strategic pivot toward building its own data center infrastructure.
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SpaceX locks in $40B GPU financing deal with Apollo
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SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called it the “largest committed GPU financing” ever.
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