Elon Musk announced that SpaceX has closed a $40 billion debt deal, leveraging its strong credit rating and diversified business model. The funds will be used to purchase graphics processing units (GPUs), which are essential for AI processing. SpaceX is rapidly growing its neocloud business, renting out access to these advanced AI chips to other companies. This move positions SpaceX as a significant player in the AI infrastructure market amid a cautious AI investment environment.
SpaceX shares on Pluang are trading at USD 148.65 as of Oct 26, 2026 09:01 WIB, down 6.67% for the day. This price sits closer to the 52-week low of USD 108.27 than the 52-week high of USD 202.09, indicating some recent volatility despite the company's $40 billion debt deal. The market cap stands at $2.00 trillion, reflecting SpaceX's significant scale in the Industrials sector as it expands its AI infrastructure business.
SpaceX has closed $40 billion in debt financing to purchase GPUs for artificial intelligence, expected to arrive in early 2027. The financing, mainly callable debt, supports SpaceX's growing AI business, which saw a ninefold revenue increase to $7.56...
After SpaceX imposed speed limits on its Starlink satellite internet service that disrupted Ukraine's military drone operations, Ukraine's Ministry of Defense signed a letter of intent with Finnish companies Nokia and ICEYE to develop new satellite c...
Ukraine continues to experience restrictions on SpaceX's Starlink internet system, specifically the military-grade Starshield service, which limits drone speeds to under 100 mph. This throttling disrupts Ukrainian drone operations and limits their ab...
Citi projects SpaceX's Starlink will not launch a national wireless service until around 2029, positioning it behind established telecom giants like AT&T and Verizon. However, recent reports that SpaceX aims to secure 80,000 cell sites across the US ...
Shares of T-Mobile, AT&T, and Verizon fell sharply after reports that SpaceX is negotiating access to 80,000 U.S. cell sites, aiming to become a fourth national wireless carrier. This move would combine SpaceX's satellite service with terrestrial inf...
