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Update
What changedThe Information reports that Apollo will sell debt to buy the AI chips before leasing them to SpaceX. That spells out how the reported $40 billion arrangement is meant to finance the hardware.
The chips are Nvidia’s, according to the report, giving SpaceX access to the company’s cutting-edge computing.
The new details identify both the financing mechanism and chip supplier. The report excerpt does not specify further terms of the debt or lease.
Sources and evidence- SpaceX Agrees to Pay $40 Billion to Lease Chips from Apollo: The Information reports that Apollo will sell debt to buy Nvidia AI chips and lease them to SpaceX under the $40 billion arrangement.
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