SpaceX shares fell 2% following reports that the company is seeking $40 billion in debt financing to purchase NVIDIA AI chips, fueling concerns about leverage in the capital-intensive space sector. This move aims to expand SpaceX's AI computing business, adding to its costly rocket and satellite operations. The news also pressured other space stocks like Rocket Lab and AST SpaceMobile, which fell alongside SpaceX despite no direct involvement. Investors await confirmation of the financing deal, which could significantly impact SpaceX's financial risk profile and sector dynamics.
SpaceX trades at USD 169.80 on Pluang, down 1.27% as of Oct 07, 2026 20:32 WIB. Rocket Lab shares are also lower at USD 72.81, down 3.00%, while AST SpaceMobile falls 4.07% to USD 60.55. Sell orders dominate for AST SpaceMobile at 99%, reflecting cautious sentiment in space-related stocks on Pluang.
SpaceX is pursuing $40 billion in financing to purchase Nvidia AI chips, including $10 billion in bank loans and $30 billion in bonds. Apollo Global Management is expected to lead the deal, with Pimco also interested. This move highlights the massive...
SpaceX is reportedly aiming to raise about $40 billion through bank loans and investment-grade bonds to finance a large purchase of AI chips from Nvidia. This move is part of SpaceX's strategy to secure an exclusive chip supply deal while managing he...
SpaceX stock's short volume ratio reached a two-week high of 61.02 on October 6, signaling increased bearish bets despite a strong three-day rally that lifted the share price nearly 18%. The rally, driven by positive developments including analyst op...
SpaceX's AI division, which generated $2.56 billion in Q2 2026 revenue, has been renamed three times since February, with Elon Musk suggesting a fourth name, SpaceXSI, following a federal push to replace 'AI' with 'Super Intelligence.' Despite the re...
Morgan Stanley's bullish note on SpaceX, emphasizing undervaluation of its compute business, sparked a rally in the commercial space sector. SpaceX shares rose 2%, while AST SpaceMobile and Rocket Lab surged 8% and 5%, respectively, reflecting broade...
