SpaceX Launches $40 Billion Nvidia Chip Financing Push for AI and Orbital Expansion

SpaceX is raising $40 billion to acquire Nvidia processors, partnering with Apollo Global Management to fund what has become the most capital-intensive effort yet in the race for AI infrastructure. The newly public aerospace company, which went public in June 2026 at a valuation of $86 billion, obtained investment-grade credit ratings that enabled it to access the debt markets just as Nvidia and Wall Street's largest asset managers—Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR—launched coordinated $500 billion financing platforms aimed at fueling the global AI build-out.