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via livemint.comCapital Markets

SpaceX closed a $40 billion debt deal to buy Nvidia AI chips, Musk says

FROM THE WIRE · LIVEMINT.COM

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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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA large financing for AI GPU purchases can support demand for Nvidia chips.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SpaceX has closed a $40 billion debt deal to buy Nvidia GPUs for its AI data centers.
  2. 02Elon Musk said the investment grade rating, Starlink and launch revenue support the borrowing.
  3. 03The item gives no further terms of the deal.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock210.96 USDMarket closedtoday -0.59%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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