Elon Musk's SpaceX is aiming to raise $40 billion in bank loans and debt to further its purchases of AI chips from Nvidia, according to a Financial Times report citing sources close to the talks.
SpaceX is not buying Nvidia, but its chips. But it is still a deal that could blow investors' fuses before the data center lights up. According to the Financial Times, Musk's company wants to raise $40 billion: $10 billion in bank loans and $30 billion in investment bonds. From the technology...