SpaceX closes $40 billion in debt financing to buy GPUs

Elon Musk says Starlink revenue and an investment-grade rating kept credit flowing as lenders grow wary of AI-only compute firms SpaceX has closed $40 billion in debt financing, and the money is going to graphics processing units. Elon Musk announced the deal in a post on X on October 25, 2026. Musk said two things kept the credit window open: SpaceX’s investment-grade status, and the revenue it earns from Starlink and its launch business. That detail may matter more than the dollar figure, because by his account the same window is narrowing for others. The chips are expected to show up in the first and second quarters of 2027. Musk said the current quarter would not be significantly affected by the financing.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.