SpaceX secures $40 billion Apollo financing for AI chips

SpaceX lines up about $40 billion in Apollo financing for GPUs and data centres, its largest committed GPU deal yet.

SpaceX has disclosed a binding commitment for roughly $40 billion in financing to fund GPU purchases and related data-centre infrastructure, in what the company called the largest committed GPU financing to date.

The Apollo financing underlines how the race for AI computing capacity now rivals the space business itself in scale, with data centres and chips absorbing capital at unprecedented rates.

The commitment comes alongside Anthropic's blockbuster IPO filing, as investors weigh whether frontier AI companies can turn enormous infrastructure spending into sustainable profits.