SpaceX seeks $40 billion in funding to purchase Nvidia chips
SPCX Space Exploration Technologies Corp
$171.92 +0.49%
View chart & analysis → - 1SpaceX is pursuing $40 billion in funding to purchase Nvidia chips.
- 2SpaceX shares fell 1% in after-hours trading on Tuesday.
- 3CFO Bret Johnson suggested annual capital expenditures will approach $65 billion.
So what's the key point?
SpaceX is trying to raise $40 billion to buy Nvidia chips. During this process, the stock price fell by about 1%.
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