SpaceX reportedly seeks to raise $40 billion to fund Nvidia chip purchase

SpaceX is planning to raise roughly $40 billion to finance a large purchase of Nvidia chips, according to a Financial Times report cited by Anadolu Agency. The company is reportedly seeking about $10 billion through bank loans and an additional $30 billion through investment-grade debt issuance.

The scale of the planned fundraising underscores the enormous capital requirements associated with acquiring advanced computing hardware at the volumes needed for large-scale artificial intelligence infrastructure projects. Nvidia's chips have become central to the buildout of AI data centers worldwide, driving intense demand and, in turn, significant financing needs for companies seeking to secure large orders.

The report does not specify exactly how SpaceX intends to use the chips, though the scale of the planned purchase suggests a substantial expansion of computing capacity, potentially tied to AI-related applications within the company's broader operations, which span satellite internet services through Starlink as well as its core rocket and spacecraft business.

Financing such a large chip order through a mix of bank loans and investment-grade debt reflects an approach increasingly used across the technology sector to fund capital-intensive AI infrastructure investments, allowing companies to spread the cost of major hardware purchases over time rather than funding them entirely from existing cash reserves.

Neither SpaceX nor Nvidia was quoted directly in the report confirming the details of the financing plan or the chip order itself. The report attributes the figures to the Financial Times, and further specifics about timing or final loan terms were not available.