SpaceX in Talks for $40bn Financing Round to Secure Nvidia AI Chips

Elon Musk’s firm seeks substantial debt backing as tech majors race to finance soaring capital expenditure for AI infrastructure. SpaceX is in discussions with major banks and asset managers to raise $40 billion to fund the purchase of advanced Nvidia artificial intelligence processors. The Elon Musk-led aerospace and satellite giant is reportedly negotiating with asset […]