SpaceX Signs ~$40B Nvidia GPU Lease With Apollo — SkimNews
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- SpaceX signed a roughly $40 billion equipment-finance lease with Apollo to fund purchases of Nvidia GPUs for its AI initiatives.
- Apollo will finance the Nvidia chip purchases, with the SpaceX agreement set to close before the end of 2026.
Why it matters: For SpaceX, the agreement provides roughly $40 billion in equipment financing for Nvidia GPU purchases tied to its AI initiatives. Apollo becomes the named financing counterparty for those chip purchases, while the deadline before the end of 2026 makes the transaction’s timetable explicit.
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