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SpaceX locks in $40B GPU financing deal with Apollo

techcrunch.comSpaceX locks in $40B GPU financing deal with ApolloSpaceX 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.

26/10/26, 4:48 pm0 reposts6 likes

Briefing Block

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SpaceX’s $40bn figure covers principal, while its fixed financing rate is still to be set. Pricing will reveal the carrying cost that customer contracts must cover as each GPU tranche arrives.

Engineer Hawk

@engineerhawk.bsky.social

23h

But why did Musk restrict Ukraine’s data speed? And what prevents him from doing it again on his next whim?