Technology

Musk says SpaceX closed $40 billion debt deal for AI chips

CNBC reports Elon Musk said SpaceX closed $40 billion in debt financing for GPUs, with funds expected in 2027.

Updated Oct 26, 2026 · 02:13 UTC1 reports

The short version

Elon Musk said SpaceX has closed $40 billion in debt financing to buy GPUs for AI systems, according to CNBC.[CNBC]
The financing is primarily callable debt, with funds expected to arrive in the first and second quarters of 2027.[CNBC]
Bloomberg earlier reported talks with banks and investors, but the closing is not independently confirmed in the reporting.[CNBC]

Elon Musk said SpaceX closed $40 billion in debt financing to purchase graphics processing units for artificial intelligence systems.[CNBC]
Musk said the financing is primarily callable debt for GPUs and is expected to arrive in the first and second quarters of 2027.[CNBC]
Bloomberg reported earlier, citing people familiar with the matter, that SpaceX was in talks with banks and investors to raise $40 billion to buy Nvidia chips.[CNBC]
SpaceX's AI segment posted third-quarter revenue of $7.56 billion, up ninefold from $813 million a year earlier, according to its latest earnings release.[CNBC]

The closing of the $40 billion financing has not been independently confirmed in the provided reporting; the claim rests on Musk's statement.[CNBC]
It is unclear whether the completed financing matches the earlier Bloomberg-reported talks, including the investors and structure involved.[CNBC]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.