SpaceX has disclosed in a regulatory filing a binding commitment for about $40 billion in financing with Apollo Global Management for AI chips and related data center equipment. Apollo will buy the hardware and lease it to SpaceX for about five to 5.25 years, with the deal expected to close by year-end and leases starting in the first half of 2027.
SpaceX has signed a roughly $40 billion GPU and equipment financing lease agreement with Apollo Global Management to procure Nvidia's next-generation Vera Rubin chips for its "superintelligent future" compute buildout. Equipment will be delivered in batches with lease terms of about five to 5.25 years per batch, starting in the first half of 2027.