SpaceX Eyes $40 Billion Debt Raise to Acquire Nvidia Chips for AI Expansion

Elon Musk's SpaceX is reportedly in discussions with banks and investors to secure up to $40 billion in debt financing, with the goal of purchasing chips from Nvidia Corp. This move, if completed, would rank among the largest debt financings ever for AI infrastructure buildout. The talks underscore the growing demand for advanced semiconductors to power artificial intelligence workloads across industries. The potential deal highlights SpaceX's ambitions beyond aerospace, as it seeks to bolster its AI capabilities. Nvidia's chips are critical for training and running AI models, and securing a massive supply could give SpaceX a competitive edge in various applications, from autonomous systems to data analysis. The financing structure and terms are still under negotiation, and no final agreements have been announced. The segment also includes the latest updates on Apple, though specific details were not provided in the context. This report is part of Bloomberg Tech's coverage of major developments in technology and finance, offering viewers insight into how companies are mobilizing capital to advance AI initiatives.