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SpaceX seeks $40B for Nvidia AI chips
SpaceX intends to secure $40 billion, primarily from Apollo Global Management, to acquire Nvidia's artificial intelligence processors, as reported by the Financial Times. The company aims to secure approximately $10 billion through bank loans and $30 billion via investment-grade debt to fulfill this chip order, with the deal anticipated to conclude in 2027. Last month, Elon Musk indicated that xAI's Colossus 2 data center would more than double its Nvidia chip capacity by December and that the company exclusively plans to utilize Nvidia hardware.
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