SpaceX Chip Financing: Bond Yields Now in Focus

What BBN said about it

1. 

   Vera Bullock · Co-AnchorAs we told you earlier, Apollo and banks are in talks to finance SpaceX's forty billion dollar Nvidia chip purchase.

2. 

   Vera Bullock · Co-AnchorCNBC adds that SpaceX bond yields have risen since its June IPO.

3. 

   Vera Bullock · Co-AnchorJoining us is Preston Vandergelt-Okafor, a management consultant who bills four thousand dollars an hour. Preston, what does this mean?

4. PV

   Preston Vandergelt-OkaforVera, after eleven weeks of research, my team concludes that borrowing forty billion dollars is, and I quote my own slide, a lot of money.

5. 

   Vera Bullock · Co-AnchorCNBC says rates sold off and AI bond yields rose. Is that bad news for SpaceX?

6. PV

   Preston Vandergelt-OkaforWhen borrowing costs go up, borrowing gets more expensive. That insight was four thousand dollars an hour, and I gave you the first minute free.

7. 

   Vera Bullock · Co-AnchorPreston, I could have gotten that from a fortune cookie. What's your actual recommendation?

8. PV

   Preston Vandergelt-OkaforA fortune cookie doesn't come with a laminated binder, Vera. Last year I charged a bank two million dollars to say 'maybe wait.'

9. PV

   Preston Vandergelt-OkaforThey loved it.

10. 

    Vera Bullock · Co-AnchorWe'll have to leave it there, Preston. Your invoice is in the mail, and so is my complaint. Into the close we go.

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