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SpaceX Secures $40B Debt Financing for AI GPUs

By Drooid · Oct 26, 2026, 2:07 PM UTC · How we work

Summary

SpaceX Secures $40B Debt

SpaceX closed $40 billion of debt financing to purchase GPUs for its AI operations.
The company cited its investment-grade rating and Starlink and launch revenue to secure the financing.
CFO Bret Johnsen said SpaceX expects a $35-$40 billion capital spend in Q4.
AI revenue rose ninefold to $7.56 billion, while total revenue increased 161% to $14.58 billion.

Summary

SpaceX Leases Cellsites

SpaceX is negotiating leases for at least 80,000 U.S. cell sites to expand Starlink Mobile.
Cell sites include rooftops, billboards, water tanks, distributed antenna systems and small cells.
Crown Castle and another firm are discussing site leases with SpaceX.
Crown Castle shares jumped 9% after lease talks.
AT&T and T-Mobile stocks fell about 8% and over 7% on competition worries.

History

Historical Context

In August 1999 Iridium Communications filed Chapter 11 after its billion-dollar, 66-satellite constellation failed to attract users, a collapse that chilled other satellite-phone projects. Motorola built the original hardware, and the network was revived in 2001 under new ownership. Beginning in 2017 SpaceX launched the Iridium-NEXT fleet, restoring the 66-satellite global service that now underpins modern satellite broadband.

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SpaceX Secures $40B Debt

SpaceX closed $40 billion of debt financing to purchase GPUs for its AI operations.
The company cited its investment-grade rating and Starlink and launch revenue to secure the financing.
CFO Bret Johnsen said SpaceX expects a $35-$40 billion capital spend in Q4.
AI revenue rose ninefold to $7.56 billion, while total revenue increased 161% to $14.58 billion.

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