Story perspectives

SpaceX Lands $40B Financing to Lease Nvidia AI GPUs

By Drooid · Oct 26, 2026, 10:47 PM UTC · How we work

Summary

Story summary

SpaceX secured $40 billion financing to lease Nvidia Vera Rubin AI GPUs from an Apollo-managed lessor.
Leases will start in the first half of 2027 after equipment deliveries.
Goldman Sachs is the sole structuring agent, with anchor commitments from BlackRock and KKR-advised accounts.
Elon Musk said the debt financing keeps SpaceX investment-grade and will not materially affect the current quarter.

History

Historical Context

In 2008 NASA’s Commercial Orbital Transportation Services program awarded SpaceX a $1.6 billion cargo contract, the first large private-sector financing for ISS resupply and a model later replicated with Orbital Sciences. That precedent enabled today’s financing structure, where SpaceX, backed by Goldman Sachs, secures a multibillion-dollar lease for Nvidia’s Vera Rubin GPUs, signaling continued private capital influence on satellite and AI-driven space operations.

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Story summary

SpaceX secured $40 billion financing to lease Nvidia Vera Rubin AI GPUs from an Apollo-managed lessor.
Leases will start in the first half of 2027 after equipment deliveries.
Goldman Sachs is the sole structuring agent, with anchor commitments from BlackRock and KKR-advised accounts.
Elon Musk said the debt financing keeps SpaceX investment-grade and will not materially affect the current quarter.

1 / 2