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SpaceX closes $40 billion debt deal for AI chips

Original: SpaceX closes $40 billion debt deal for AI chips, Elon Musk says

Elon Musk says SpaceX has closed a $40 billion debt deal to fund AI chips, a striking move for a rocket company best known for launch services and Starlink. The financing would put SpaceX among the largest corporate borrowers as it pushes into compute-intensive AI infrastructure alongside its core space business.

Why now: It is an unusually large and unexpected borrowing by a space company to fund artificial intelligence infrastructure.

SpaceXElon Musk

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