SpaceX Secures $40 Billion GPU Financing Agreement with Apollo Global Management

SpaceX secured a $40 billion GPU financing deal with Apollo Global Management to fund AI chips and data center infrastructure, marking the largest committed GPU financing agreement. The lease agreement will support SpaceX's AI expansion, including Grok and cloud services, while highlighting its financial strength amid challenges in AI infrastructure debt markets.

SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called it the “largest committed GPU financing” ever.

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