SpaceX has agreed to an approximately $40bn master finance lease with an entity managed by Apollo Global Management, which will buy GPU pods and related equipment and lease them to SpaceX for data centres the company selects. The financing group is led by Apollo and Goldman Sachs, with KKR-advised accounts, BlackRock and Goldman Sachs Asset Management providing anchor support. Hardware will arrive in several tranches, each with its own lease of roughly five to five and one-quarter years from delivery, starting in the first half of 2027. Each quarterly instalment includes 5% of the tranche's financed cost, fixed-rate interest on the remaining balance and operating costs; the rate will be set at pricing before signing, and the master lease is expected to close before the end of 2026. SpaceX CFO Bret Johnsen said the lease diversifies funding sources and covers a notable part of the funding needed for its growth plans.
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NVDA
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Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 216.00 |
| Change that session | +2.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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