AI · 8 October 2026 · 3 min read

SpaceX is reported to be seeking $40 billion for Nvidia chips

Bloomberg’s account is about $10 billion of bank loans and $30 billion of investment-grade debt. Apollo and PIMCO are looking. Nothing is signed.

A long aisle of server racks in a dark data hall. — Illustration. Not a photograph of the machines or the event in the story.

SpaceX is in talks to borrow about $40 billion to buy Nvidia chips, Bloomberg reported, and @MechEconomy carried it on 8 October. The split described is about $10 billion in bank loans and $30 billion in investment-grade debt. Apollo and PIMCO are among those looking. Nothing has been signed.

Elon Musk has already said Colossus was at 230,000 Nvidia chips and Colossus 2 at 550,000. A financing of this size would sit on top of that, not instead of it. The same week, Ray Dalio called AI a classic bubble. A loan discussion and a bubble warning can both be true. Neither is a completed deal.