[DEVELOPING] SpaceX seeks $40B Apollo-led debt financing to buy Nvidia chips, FT reports via Reuters
Reuters, citing the Financial Times, reported that SpaceX is seeking $40B, led by Apollo, to fund an Nvidia chip order. The reported split is about $10B in bank loans and $30B in investment-grade debt, with Pimco among the lenders in talks and closing expected in 2027. The companies did not immediately comment. Reuters noted that Morgan Stanley expects AI infrastructure to need $1.5T in outside financing by 2028. This is a single line of reporting, all traced to the FT and unconfirmed by the companies. Points to watch: confirmation, final terms, and how debt markets absorb AI-linked issuance.