Elon Musk confirms SpaceX has secured $40 billion in debt financing to purchase AI chips
Elon Musk confirms SpaceX has secured $40 billion in debt financing to purchase AI chips, with deliveries expected in Q1 and Q2 2027; the company also reported Q3 revenue of $14.58 billion, up 161% year-over-year, and capital expenditures of $19.6 billion, nearly tripling. SpaceX is aggressively expanding its AI infrastructure, backed by strong revenue growth and access to credit markets. The company is targeting its first Terafab test chip for May–June 2027.
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