# SpaceX locks in $40B GPU financing deal with Apollo

> **Publication**: aitalky (Independent AI Journalism)
> **Canonical Citation URL**: https://aitalky.vercel.app/news/spacex-locks-in-40b-gpu-financing-deal-with-apollo
> **Original Source**: [TechCrunch AI](https://techcrunch.com/2026/10/26/spacex-locks-in-40b-gpu-financing-deal-with-apollo/)
> **Author**: Aditya Mehta (undefined)
> **Published Date**: Monday, October 26, 2026
> **Category**: INDUSTRY
> **Tags**: AI, TechCrunch AI, industry

## Executive Summary
The financing gives SpaceX another way to fund its rapidly expanding AI ambitions without relying solely on traditional debt markets



## Full Coverage
SpaceX has reached a binding commitment for roughly $40 billion in financing for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday . In a statement, SpaceX called the deal the "largest committed GPU financing"

Under the agreement, an entity managed by Apollo Global Management, the New York-based private equity giant, will buy the chips and related server hardware, then lease the equipment to SpaceX. The leases will last about five to five-and-a-quarter years, beginning when each tranche of equipment is delivered, according to the filing

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