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BusinessUpdated 9 hrs ago

Elon Musk says SpaceX closed $40 billion debt deal for AI chips as firm ‘investment grade, has Starlink, launch revenue’

Mint26 October 2026 at 7:42 am IST
Image: Mint

SpaceX has closed a $40 billion debt deal to buy Nvidia GPUs for its AI data centers. Billionaire Elon Musk said the company's investment grade, Starlink and launch revenue will support the borrowing.

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