# SpaceX says it closed $40 billion debt deal for GPUs

> Musk said SpaceX closed $40 billion in debt financing to buy GPUs for its AI systems.

*Elon Musk announced the financing on X, though no filing or lender has confirmed it.*

By Bez · FeaturedDaily
Canonical: https://featureddaily.com/news/spacex-says-it-closed-40-billion-debt-deal-for-gpus

**What happened:** Elon Musk said on X on Sunday, 25 October, that SpaceX has closed $40 billion in debt financing to buy GPUs for its AI systems, according to [CNBC](https://www.cnbc.com/2026/10/26/spacex-closes-40-billion-debt-deal-for-ai-chips-elon-musk-.html).

**The details:** Musk said the debt is mostly callable, meaning it can be repaid early. He said the GPUs are due in the first half of 2027.

**The numbers:** Earlier reporting by the FT and Bloomberg described talks for about $10 billion of bank loans and $30 billion of investment-grade debt. Apollo was expected to lead, with Goldman Sachs and Pimco involved. That reporting called the fundraising early-stage. SpaceX reported $38.43 billion in total debt principal as of 30 June.

**The context:** Musk has said SpaceX plans to use Nvidia hardware exclusively in its data centres. SpaceX absorbed xAI and went public in June.

**Why it matters:** The financing is tied directly to chip purchases. It would roughly double SpaceX's debt principal from the June figure, if the $40 billion is new borrowing on top of that total.

**The catch:** The closing rests on Musk's own post. The coverage reviewed cites no filing or lender statement, and no lender roster has been confirmed.

**Who's affected:** Musk also warned that more than 200 smaller AI cloud firms could fail or merge with rivals as credit tightens. [Reuters](https://lufkindailynews.com/news_reuters/business/musk-says-spacex-raised-40-billion-in-debt-for-gpus/article_1de18346-ef24-54d7-a052-a7892080fe90.html) also reported the announcement.

**What's next:** The GPUs are due in the first half of 2027, per Musk. Confirmation from a filing or the lenders would settle the open questions on the deal.

## Key takeaways

- Musk says SpaceX closed $40 billion in debt
- Money buys Nvidia GPUs due in first half of 2027
- No filing or lender has confirmed the deal

## Sources

- [SpaceX closes $40 billion debt deal for AI chips, Elon Musk says](https://www.cnbc.com/2026/10/26/spacex-closes-40-billion-debt-deal-for-ai-chips-elon-musk-.html) — CNBC, 2026-10-26
- [Musk says SpaceX raised $40 billion in debt for GPUs](https://lufkindailynews.com/news_reuters/business/musk-says-spacex-raised-40-billion-in-debt-for-gpus/article_1de18346-ef24-54d7-a052-a7892080fe90.html) — Reuters (via Lufkin Daily News), 2026-10-25