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SpaceX Closes $40 Billion Debt Deal for AI Chips, Musk Says

SpaceX secured $40 billion in debt to buy GPUs arriving in 2027, shifting AI hardware costs into structured finance.

SpaceX has closed a $40 billion debt financing package to fund graphics processing units, with delivery expected in 2027. The transaction marks a significant capital-markets move tied directly to AI hardware procurement.

The deal underscores how AI infrastructure investment is shifting from operational expenditure into structured finance territory. The size of the debt raises the company’s financial obligations, which in turn intensifies the focus on future utilization rates and the revenue forecasts that support repayment.

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