SpaceX plans to raise $40 billion, comprising approximately $10 billion in bank loans and $30 billion in investment-grade debt, to fund the purchase of Nvidia artificial intelligence chips. Apollo Global Management is leading the financing, with Pimco among the actors in discussions. Negotiations are at an early stage and may not conclude; closing is expected in 2027. Morgan Stanley estimates that AI infrastructure will require $1.5 trillion in external financing by 2028, confirming debt as the primary driver of this industry.
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