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Dan Ives Backs SpaceX's $40 Billion Debt Plan for Nvidia Chips

Original: Dan Ives Calls SpaceX’s $40B Nvidia Chip Debt Plan a ‘Smart Move’

SpaceX is planning to take on roughly $40 billion in debt to fund purchases of Nvidia's AI chips, and Wedbush analyst Dan Ives has publicly endorsed the strategy, calling it a 'smart move'. The plan ties Elon Musk's space company more directly to the AI infrastructure buildout, and Ives's backing has drawn attention from investors weighing the risks of leveraged spending on chips.

Why now: Investors are debating the risks of massive debt-funded AI chip purchases amid the ongoing AI spending boom.

Dan IvesSpaceXNvidiaElon MuskWedbush

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Evidence

• Dan Ives Calls SpaceX’s $40B Nvidia Chip Debt Plan a ‘Smart Move’ · Barchart.com
• Dan Ives Calls SpaceX’s $40B Nvidia Chip Debt Plan a ‘Smart Move’ · Yahoo Finance

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