CNBC
26 Oct 2026, 00:37 UTC · 1h ago
SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Impact · against what's priced in
The SpaceX financing provides concrete evidence for NVDA's most aggressive growth targets which the market has previously refused to value. While the deal validates GS's capacity to capture AI infrastructure financing, the impact is smaller as the market already expects the firm to remain a dominant player in Global Markets.
- NVDA+0.70
Challenges what's priced in
- The price assumes
The SpaceX 10-gigawatt partnership generating $120–230 billion in incremental revenue
The market currently declines to pay for the SpaceX partnership; the closing of a $40 billion debt deal specifically for GPUs converts a theoretical partnership into a concrete capital commitment.
What NVDA's price assumes · Sep 1
