SpaceX has secured a $40 billion GPU financing deal with Apollo Global Management, providing an alternative funding path for its expanding AI ambitions outside traditional debt markets. The agreement underscores the growing role of private credit and specialized financiers in backing AI infrastructure buildouts.
Background
SpaceX has been aggressively expanding its AI and computing capabilities, notably through its Starlink constellation and in-house AI projects. Apollo Global Management has become a prominent financier of tech and AI infrastructure in recent years.
- Source
- TechCrunch
- Published
- Oct 27, 2026 at 12:46 AM
- Score
- 6.0 / 10