SPACEX SEEKS $40 BILLION FOR NVIDIA CHIPS

SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia ($NVDA), in one of the largest debt financings ever tied to the AI buildout. The deal would split into $10 billion of bank loans and $30 billion of investment-grade bonds, with Apollo Global leading the structure and PIMCO among the bond buyers. Talks are still at an early stage and could collapse before signing.