SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Summary
SpaceX has successfully secured a massive debt financing deal worth forty billion dollars. According to a social media announcement by the company leader, the borrowed capital will be used to purchase specialized processors for artificial intelligence.
Elon Musk said in an X post that SpaceX has closed $40 billion in debt financing to purchase GPUs.
Source: Read the full story at US Top News and Analysis
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