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Elon Musk says SpaceX has raised $40bn in debt to buy AI chips — Blankdot

thenextweb.com1 week ago

Elon Musk says SpaceX has raised $40bn in debt to buy AI chips

Elon Musk says SpaceX has raised $40bn in debt to buy AI chips

SpaceX has secured $40 billion in debt financing to buy graphics processing units (GPUs), the chips used to run AI systems, Elon Musk said in a post on X on Sunday. Pretty much. As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have…

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