SpaceX borrows no less than 40 billion to finance the purchase of AI chips

It is well known that multi-billionaire Elon Musk does not hesitate to take risks and invest (or borrow depending on) considerable sums. This time the American multibillionaire announced on Sunday on his social network X that the aerospace group SpaceX had raised $40 billion in debt in order to finance the purchase of new chips for artificial intelligence (AI). “This is mainly a repayable debt for purchases of GPUs (graphics processors, favored for AI) which will arrive in the first and second quarters,” explained Elon Musk in an exchange with an investor.

However, he did not specify the maturity or the rate applied to this tranche of financing. Investments in AI should strengthen SpaceX announced during the presentation of its results on Tuesday, its intention to invest between 35 and 40 billion dollars in the last quarter of this year, or double the third. But this tranche of financing is therefore planned for the beginning of 2027, which points to the group's desire to continue with this level of investment.

Remember that the aerospace group, which merged at the start of the year with xAI, has become a major player in AI and achieved its first net profit during the third quarter, mainly thanks to the rental of its data centers. In the spring, SpaceX decided, to everyone's surprise, to rent part of these new capacities to external customers, in particular Anthropic. It is this new source of income that boosted the results of the Starbase (Texas) company in the third quarter.

Machine-translated from French