Business

Musk Expands SpaceX AI Business

Updated 2026-10-26 02:05 UTC 1 source Neutral

Elon Musk announced a $40 billion debt deal for SpaceX, signaling plans to expand its AI business. The company aims to rent out advanced chips, potentially disrupting competitors.

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MarketWatch

Musk says SpaceX landed a $40 billion debt deal — and forecasts doom for some AI rivals

SpaceX is rapidly growing an AI business that rents out access to advanced chips.

2026-10-26 01:50 UTC