SpaceX seeks $40B in Apollo-led deal to buy Nvidia chips, FT reports (SPCX:NASDAQ)

SpaceX seeks B in Apollo-led deal to buy Nvidia chips, FT reports (SPCX:NASDAQ)

By Arundhati Sarkar
Publication Date: 2026-10-07 04:08:00

  • Elon Musk’s SpaceX (SPCX) is reportedly looking to raise $40B in a financing effort led by Apollo Global Management (APO) to purchase Nvidia (NVDA) chips as the AI and rocket group amplifies its bet on the chipmaker’s advanced technology.
  • The company