SpaceX stock slips on report of its $40 billion in new debt for Nvidia chips - Yahoo Finance — SkimNews
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- SpaceX is in talks to borrow $40 billion through a bond sale, with Bloomberg and Axios among outlets reporting the company is on a "bond binge" to fund Nvidia chip purchases.
- SpaceX stock slipped on the report, with Forbes noting Elon Musk lost $21 billion in a single morning as shares declined.
Why it matters: The $40 billion borrowing plan would be one of the largest debt raises by a private company, and the immediate $21 billion hit to Musk's paper net worth shows how sensitive secondary-market signals for SpaceX have become — Nvidia chips are now the corporate prize driving unprecedented capital moves.
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