SpaceX Borrows $40 Billion for AI Chips: Deal Details and New Plans - Gramatorik

SpaceX has raised $40 billion in debt financing to expand its artificial intelligence computing capacity by purchasing a large batch of graphics processing units (GPUs). Company CEO Elon Musk said the deal has been closed, and the new hardware is expected to arrive in the first half of 2027.

Financing and Purchase Details

The funds raised are mainly in the form of debt obligations with the option of early repayment. SpaceX plans to use the money to purchase graphics processors, with deliveries expected in the first and second quarters of 2027.

Elon Musk explained that securing such a large sum was made possible by the company’s investment-grade credit rating and the stable revenue generated by its core businesses — Starlink satellite internet and space launches. These operations generate profit independently of SpaceX’s artificial intelligence activities, which increases lender confidence.

It was previously reported that SpaceX was in talks with banks and investment firms about raising $40 billion to buy AI chips from NVIDIA. The exact terms of the deal have not yet been fully disclosed, but the fact that it has been closed has been confirmed.

Expansion of SpaceX’s AI Infrastructure

The purchased graphics processors are needed for the further development of SpaceX’s artificial intelligence computing capacity. They will be used to train complex AI models as well as to run them, including processing user requests.

The company already operates the Colossus supercomputer, which is actively used to train large language models. At the beginning of 2026, it was reported that Colossus 1 is equipped with more than 220,000 NVIDIA graphics processors.

Rapid Growth of SpaceX’s AI Business

SpaceX’s artificial intelligence division is showing impressive growth. For the third quarter of 2026, the company’s total revenue reached $14.58 billion, up 161% compared with the same period last year. Revenue from the AI segment grew nearly tenfold to $7.56 billion and now accounts for more than half of total quarterly revenue.

SpaceX’s artificial intelligence development is overseen by the SpaceXSI division, formerly known as SpaceXAI. In early October 2026, the name was changed to Super Intelligence (Superintelligence), reflecting the company’s ambitions to build advanced AI systems such as the Grok model.

In addition to its own AI products, SpaceXSI also provides computing power to other companies. In particular, in May 2026, an agreement was signed with Anthropic for access to the Colossus 1 supercomputer to develop Claude models. This allows SpaceX to diversify its revenue streams by earning money both from its own AI services and from providing computing infrastructure.

At the same time, SpaceX, in collaboration with Tesla, is working on its own chip manufacturing under the Terafab project in Austin. The company plans to produce its first test chip in May-June 2027 and launch full-scale production by the third quarter of 2028.