SpaceX strikes $40bn GPU financing deal with Apollo
What happened
On 27 October 2026, TechCrunch reported that SpaceX disclosed in a regulatory filing that it has entered into a binding financing commitment of about $40 billion with an entity under Apollo Global Management. Under the arrangement, Apollo will buy AI chips and related server hardware and lease them to SpaceX for about five to 5.25 years. The report did not mention other details of the agreement or earlier developments.
Written by AI from the reports · updated 1 h ago
Timeline
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- TechCrunch · AISpaceX locks in $40B GPU financing deal with Apollo
SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called it the “largest committed GPU financing” ever.
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