$SPCX - SPACEX SIGNS $40 BILLION GPU FINANCING DEAL WITH APOLLOSpaceX has entered into a binding commitment for a master | Hanami
$SPCX - SPACEX SIGNS $40 BILLION GPU FINANCING DEAL WITH APOLLO
SpaceX has entered into a binding commitment for a master finance lease with Apollo Global Management ($APO ), according to an SEC filing.
Apollo will purchase GPU pods and related equipment and lease them to SpaceX, with aggregate scheduled principal payments expected to total $40 billion.
The agreement is expected to close before year-end 2026.
The key takeaway: SpaceX is securing large-scale GPU infrastructure through lease financing, highlighting the enormous capital requirements of AI expansion.