This is primarily callable debt for GPU purchases that will arrive in Q1 and Q2. Not a major factor this quarter. Reply to @SawyerMerritt: Elon confirms that SpaceX has closed a new $40B debt raise to fund GPU purchases/compute buildout. SpaceX said on its recent earnings call that it expects Q4 2026 Capex spend to be between $35 billion–$40 billion. https://x.com/elonmusk/status/2114434646914068862(Historical earnings: For fiscal 2027 Q2 (period ended 2026-07-26), NVIDIA reported basic EPS of 4.87, diluted EPS of 4.85, net income of USD 118.010 billion, and revenue of USD 177.837 billion. Consensus expectations: For fiscal 2027 Q3 (event date 2026-11-17), consensus expects EPS of 2.49 and revenue of USD 111.356 billion.)