Elon Musk says SpaceX closed $40 billion debt deal for AI chips as firm ‘investment grade, has Starlink, launch revenue’

Elon Musk has in a post on his social media site X (formerly known as Twitter), said that SpaceX has closed a $40 billion debt deal to for GPUs (chips) to run its artificial intelligence data centres.

Responding to venture capitalist Chamath Palihapitiya on reasons that “compute” for AI projects is likely to be stranded in inventory in 2027, the billionaire said SpaceX is “investment grade and have Starlink and launch revenue” to pay for required chips.