SpaceX Agrees to Pay $40 Billion to Lease Chips from Apollo

source: news (news:the-information)published 2026-10-26 16:18ingested 2026-10-27 02:54

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SpaceX has agreed to pay $40 billion to lease artificial intelligence chips from an entity affiliated with Apollo Global Management. The arrangement will see Apollo sell debt to buy the chips, and then lease them to SpaceX, giving the latter company access to Nvidia’s cutting-edge computing ...

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