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Musk Says $40 Billion Debt Deal for AI Chips Has Closed

Bloomberg Technology Monday 26 October 2026, 07:32 UTC 1 min read
Key Points

Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips needed to fuel its artificial intelligence ambitions. People familiar with the discussions, though, told Bloomberg News that talks over pricing were still ongoing. Bloomberg's Ruhell Amin explains.

Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips needed to fuel its artificial intelligence ambitions. People familiar with the discussions, though, told Bloomberg News that talks over pricing were still ongoing. Bloomberg's Ruhell Amin explains. (Source: Bloomberg)
AI Chips (ORG) Closed Elon Musk (PERSON) SpaceX (ORG) Bloomberg News (ORG) Bloomberg (ORG) Ruhell Amin (PERSON)
Originally published by Bloomberg Technology Read original →

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