SpaceX (SPCX) has committed to an approximately $40 billion lease for GPUs and related equipment, which it describes as the largest financing deal of its kind. The master finance lease, with an entity managed by Apollo Global Management, covers next-generation Nvidia Vera Rubin chips to support its terrestrial computing infrastructure. The transaction is subject to closing conditions and expected to close before the end of 2026, with lease schedules starting when equipment is delivered in the first half of 2027. Apollo and Goldman Sachs led the financing commitments, with Goldman Sachs as sole structuring agent, while BlackRock, Goldman Sachs Asset Management and KKR-advised accounts made anchor commitments. The CFO said payback periods on its “SI infrastructure” investments are under a year, and the added capacity will power Grok and cloud customers; shares were trading nearly 1.9% lower on Monday morning.
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SpaceXNVDAdata centersAI investment
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NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 210.96 |
| Change that session | -0.59% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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