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SpaceX reportedly seeks $40 billion loan for Nvidia chip purchase

Updated 2026-10-07 09:25 UTC 1 source Neutral

Elon Musk's SpaceX is reportedly in talks to borrow up to $40 billion from banks and investors to fund the acquisition of Nvidia chips. The move could significantly impact the company’s financial strategy.

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MarketWatch

SpaceX reportedly is looking to raise as much money as the company generates in revenue to buy Nvidia chips

Elon Musk’s SpaceX is in talks with banks and investors to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report.

2026-10-07 09:15 UTC