SpaceX Borrows $40B for Nvidia Chips as AI Megadeals Loom

Bloomberg’s Ed Ludlow reports that SpaceX is in talks with banks and investors to borrow $40 billion to buy chips from Nvidia. This massive financing underscores the growing demand for AI computing power and the lengths companies will go to secure it. The move comes as Apple plans its entry into the smart home space with a doorbell, thermostat, and other accessories developed with LG, signaling a broader trend of tech giants expanding into new hardware categories. Ludlow also speaks with JD Moriarty, Vice Chair and head of Global Tech Equity Capital Markets at Bank of America Securities, about the upcoming mega AI IPO pipeline. Moriarty discusses how public markets are ready to absorb offerings from companies like OpenAI and Anthropic, and what that means for the tech listings next year. The conversation highlights the intersection of AI, capital markets, and innovation. The segment provides a comprehensive look at the forces shaping the tech industry, from the infrastructure needed to power AI to the financial mechanisms that fund it. As AI continues to dominate headlines, these developments will have far-reaching implications for investors, companies, and consumers alike.