Tag: Debt Financing
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SpaceX Closes $40 Billion Debt Deal to Buy AI Chips
Musk said SpaceX is investment grade and generates revenue from its Starlink satellite internet and rocket launch businesses. In a follow-up post, he said the financing consisted primarily of callable debt for graphics processing units. SpaceX had previously been reported to be seeking $40 billion to buy Nvidia chips, with market turmoil complicating the financing…