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SpaceX said that it signed a binding commitment with an Apollo-managed entity for roughly $40 billion in GPU financing
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SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Elon Musk said SpaceX closed $40 billion in debt financing to buy GPUs for AI, arriving in early 2027. He also predicted widespread failures and consolidation among more than 200 neocloud companies.