Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

SpaceX's $40bn off-balance-sheet financing talks face hurdles, Bloomberg reports

NewsFeeds update

SpaceX's plan to raise $40bn through a special purpose vehicle to buy Nvidia chips has run into obstacles, with credit market turmoil complicating pricing talks as the company seeks to keep the debt off its balance sheet and protect its investment-grade rating. The financing is expected in three 144A tranches, the subordinated portion at $25bn-$30bn.

AIOdailyAINeutral

Read the original on Odaily

The story so far: SpaceX $40bn AI financing talks

SpaceX's plan to raise $40bn through a special purpose vehicle to buy Nvidia chips has hit obstacles as credit market turmoil complicates pricing talks, with Goldman Sachs leading negotiations with investors led by Apollo. Goldman and Apollo are now in talks to sell portions of the roughly $40bn chip financing to Wall…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. SpaceX's $40bn off-balance-sheet financing talks face hurdles, Bloomberg reports

  2. SpaceX's $40bn AI fundraising plan hits obstacles, Bloomberg reports

  3. SpaceX prices bonds at up to 8.75% in $40bn credit deal

  4. Goldman Sachs and Apollo in talks to sell SpaceX shares of $40bn AI chip financing

More AI updates

  1. Police in Oakland investigate theft of Nvidia AI chips worth $11.4m

    AIPANewsAINeutral

  2. Chamath Palihapitiya says SpaceX-Anthropic compute contract holds 90-day mutual exit clause

    AIChainCatcherAINeutral

  3. Stop Dirty Data Centres says protests across Europe target AI data centre expansion

    AIChainCatcherAINeutral

Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.