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via finance.yahoo.comCapital Markets

SpaceX Seeks to Raise $40 Billion in Debt to Purchase Nvidia Chips

FROM THE WIRE · FINANCE.YAHOO.COM

Elon Musk's SpaceX (SPCX) is seeking to issue $40 billion in new debt to purchase Nvidia (NVDA) chips, according to Bloomberg. The 8:30 Hosts Pras Subramanian, Julie Hyman, and Jake Conley report further on this news. Video Transcript 00:00 Speaker A uh, Bloomberg reporting…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullish$40 billion financing for AI chip purchases is market-moving for Nvidia and semiconductor sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SpaceX is seeking to issue $40 billion in new debt to purchase Nvidia chips for data centers.
  2. 02The financing includes $10 billion in bank loans and $30 billion in investment-grade debt.
  3. 03Pimco and Apollo are examining the deal, with completion expected in 2027.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock237.92 USD+0.04%today -0.55%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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