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 billion in Q3. This move highlights the massive capital demands of AI technology and Musk's prediction of widespread failures among smaller AI cloud companies due to tightening debt markets. The financing structure aims to preserve SpaceX's investment-grade credit rating by keeping the debt off its balance sheet.
Following SpaceX's announcement of a $40 billion debt deal for AI chips, its stock price on Pluang has dropped 6.76% to USD 148.52 as of Oct 26, 2026 07:51 WIB. Despite this decline, SpaceX maintains a substantial market cap of $2.00 trillion. The stock has seen a wide range over the past year, with a 52-week high of $202.09 and a low of $108.27, and typical investors hold it for about 44 days on the platform.
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...
SpaceX is reportedly negotiating access to about 80,000 U.S. cell towers to establish a fourth nationwide wireless carrier, potentially disrupting the telecom market. While major carriers like Verizon, AT&T, and T-Mobile saw stock declines, tower own...
