SpaceX Signs $40B Apollo Lease for Nvidia GPUs — SkimNews
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- SpaceX signed a roughly $40 billion equipment-finance lease with Apollo Global Management to finance purchases for its AI initiatives.
- Apollo is the named financing partner for Nvidia GPU purchases tied to SpaceX’s AI efforts, with the lease set to close before the end of 2026.
Why it matters: Apollo becomes the financing counterparty for SpaceX’s roughly $40 billion lease, whose proceeds fund Nvidia GPU purchases. The end-of-2026 closing date makes the timetable concrete: SpaceX’s AI buildout is tied to a major financing arrangement that has been signed but not yet closed.
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