# SpaceX seeks $40 billion financing to buy Nvidia chips

_Published Tuesday, October 6, 2026 at 8:08 PM EDT · Infrastructure, AI · Latest · Tier 2 — Notable_

SpaceX is seeking to raise $40 billion in financing led by Apollo Global Management to buy Nvidia chips, the Financial Times reported. The proposed financing would fund chip purchases; the report describes a fundraising effort rather than a completed capital raise.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-10-06/spacex-seeking-to-raise-40-billion-to-buy-nvidia-chips-ft-says)

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Canonical: https://techandbusiness.org/newswire/FozT2llVJg1V183TAFr7as
Published: 2026-10-07T00:08:19.122Z
Story chronology: 2026-10-06T22:57:42.000Z
Retrieved: 2026-10-07T02:24:56.110Z
Publisher: Tech & Business (techandbusiness.org)