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SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips
Source: Bloomberg
Artificial IntelligenceCredit & Bond MarketsPrivate Markets & VentureTechnology & Innovation
SpaceX is reportedly in talks with banks and investors to raise $40 billion to buy chips from Nvidia, according to people familiar with the matter. The financing, if pursued, would be among the largest debt financings for the AI buildout; no deal was reported as finalized.
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