[DEVELOPING] SpaceX lines up ~$40B in AI-chip financing with Apollo; first GPU deliveries targeted for H1 2027
Elon Musk said SpaceX had closed a roughly $40B debt deal to buy AI GPUs. Bloomberg describes it as a chip-financing agreement signed with Apollo. UPI reports a special-purpose-vehicle structure meant to protect SpaceX's investment-grade rating, with first deliveries expected in the first half of 2027. The deal adds to a week of off-balance-sheet and equity financing for AI compute. Items to watch: final terms, closing, and the accounting treatment.