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Musk says SpaceX raised $40 billion to purchase GPUs.
BlockBeats news, October 26: Musk stated that SpaceX (SPCX.O) has completed $40 billion in GPU debt financing. He added that the company's investment-grade credit rating and revenue from the Starlink satellite internet and launch businesses help maintain its access to credit. SpaceX will not acquire any new cloud service providers.
Musk said: "This is primarily redeemable debt used to purchase GPUs that will arrive in Q1 and Q2, with minimal impact on this quarter."
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2026-10-26
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