SpaceX is reportedly seeking to raise $40 billion through a financing package led by Apollo Global Management, with the funds earmarked for purchasing Nvidia chips. This information, which surfaced in a post on X, has not been publicly confirmed, and no terms, timeline or lender roster have been disclosed. The company had committed $28 billion in non-cancelable AI-related obligations by June 2026, with much of that due in 2027, while compute infrastructure capital expenditures reached $15.8 billion in the second quarter of 2026. Third-party compute leases could generate roughly $40 billion in annual recurring revenue, with Anthropic agreements alone valued at approximately $1.25 billion per month. Nvidia held a stake in SpaceX worth about $21 billion as of June 2026.
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