SPACEX CLOSES $40 BILLION DEBT DEAL FOR AI CHIPS, ELON MUSK SAYS

Summary from the TLDR AI newsletter

SpaceX has closed $40 billion in debt financing to purchase GPUs. The financing primarily consists of capitalizable debt for GPUs. It is expected to arrive in the first and second quarters of 2027. The proposed financing will use a special purpose vehicle to keep the debt off SpaceX's balance sheet and preserve its investment-grade credit ratings.