SpaceX talks to borrow $40 billion to buy Nvidia chips with Apollo's help

SpaceX talks to borrow $40 billion to buy Nvidia chips with Apollo's help

$40 billion is the amount: SpaceX is in talks to raise it to buy chips for artificial intelligence from Nvidia, with Apollo Global Management arranging the funding, Bloomberg and Reuters report, citing Financial Times reporting. For savers, the risk: if it is loans backed by equipment, like a house mortgage, debts and risk could grow if money gets tight.

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