SpaceX discusses $40 billion debt financing to purchase Nvidia GPUs
SPCX Space Exploration Technologies Corp
$163.42 +0.52%
View chart & analysis → - 1SpaceX is pursuing $40 billion in debt financing discussions to purchase GPUs from Nvidia.
- 2SpaceX's AI capital expenditure of $15.8 billion for the recent quarter ended June 30 increased from $749 million a year ago.
- 3JPMorgan analyst Doug Anmous predicts SpaceX's capital expenditure will be approximately $200 billion in 2027 and 2028.
So what's the key point?
SpaceX is discussing ways to take on $40 billion in debt to buy parts for artificial intelligence. As spending on artificial intelligence grows significantly, more money is expected to be spent in the future.
Source The Motley Fool +1 · View original ↗
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