SpaceX has closed a staggering $40 billion debt financing deal, with Elon Musk confirming the funds are earmarked for artificial intelligence chips. The move marks one of the largest capital raises in the company's history and underscores a dramatic pivot — or at least a dramatic expansion — of SpaceX's strategic identity.
SpaceX Raises $40 Billion to Arm Itself With AI Chips in Massive Debt Deal
SpaceX has closed a landmark $40 billion financing round earmarked for AI hardware, signaling Elon Musk's ambitions stretch well beyond rockets. Here's what the deal means for the company's future.
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