SpaceX closes $40 billion debt financing for GPUs expected in the first half of 2027, Musk says
SpaceX expects fourth-quarter capital expenditure of $35 billion to $40 billion, CFO Bret Johnsen said, as Elon Musk pushes to expand the company’s AI computing infrastructure.
Elon Musk announced on October 25, 2026, that SpaceX has successfully secured $40 billion in debt financing for graphics processing units (GPUs) expected to arrive in the first half of 2027. Responding to investor Chamath Palihapitiya's concerns about financing pressures and delays in data center construction, Musk clarified that this debt is primarily callable for GPU purchases slated to arrive in Q1 and Q2 2027.
The financing, primarily composed of $10 billion in bank loans and $30 billion in investment-grade debt, aims to support SpaceX's expansion of AI computing capacity. SpaceX's investment grade status and revenue streams from Starlink satellite internet and space businesses have made it more attractive to investors compared to competitors without substantial independent revenue.
The move aligns with Musk's broader strategy to boost AI computing capacity, with SpaceX aiming to increase its data center capacity sevenfold by 2027.
Written by urgent.news from Tom's Hardware's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.