# SpaceX signs roughly $40 billion Apollo lease for Nvidia GPUs

_Published Monday, October 26, 2026 at 10:10 AM EDT · AI, Infrastructure · Latest · Tier 1 — Major_

SpaceX has signed a roughly $40 billion equipment-finance lease with Apollo Global Management to fund purchases of Nvidia GPUs for its artificial intelligence initiatives, Bloomberg reported via Techmeme. The transaction is set to close before the end of 2026, with the financing intended to pay for the chips.

## Sources

- [Techmeme](https://www.techmeme.com/261026/p25#a261026p25)

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Canonical: https://techandbusiness.org/newswire/PYPDuxF89x5OmIdr-8iVtI
Published: 2026-10-26T14:10:18.578Z
Story chronology: 2026-10-26T13:45:01.000Z
Retrieved: 2026-10-26T16:58:42.811Z
Publisher: Tech & Business (techandbusiness.org)