SpaceX secures roughly $40 billion to lease AI chips from Apollo
The lease gives SpaceX another funding source as it expands AI computing capacity and expects $35 billion to $40 billion in fourth-quarter capital spending.
• SpaceX secured a binding commitment for roughly $40 billion in AI chip and equipment financing.
• An Apollo-managed entity will buy the hardware and lease it to SpaceX for about five to five-and-a-quarter years.
• SpaceX expects the deal to close by year-end, with leases beginning as equipment arrives in the first half of 2027.
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October 27, 2026 25
