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Musk's SpaceX to raise $40 billion to buy NVIDIA chips: Report

short by Mansi Agarwal / on Wednesday, 7 October, 2026
SpaceX is in talks to raise $40 billion to buy NVIDIA chips amid growing demand for AI infrastructure, the Financial Times reported. The Elon Musk-led company is seeking about $10 billion in bank loans and $30 billion in investment-grade debt. Musk recently said SpaceX plans to use NVIDIA hardware exclusively to build its data centres.
read more at Reuters