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Musk says SpaceX raised $40 billion in debt for GPUs

By Reuters1 min readInvesting.com
Musk says SpaceX raised $40 billion in debt for GPUsMusk says SpaceX raised $40 billion in debt for GPUs

Musk says SpaceX raised $40 billion in debt for GPUs

Oct 25 (Reuters) - Elon Musk said SpaceX had closed $40 billion in debt financing for graphics processing units, adding the company’s investment-grade status and revenue from its Starlink satellite internet and launch businesses had helped preserve its access to credit.

"This is primarily callable debt for GPU purchases that will arrive in Q1 and Q2. Not a major factor this quarter." Musk said in a post on X.