SpaceX seeks $40B Apollo-led financing for Nvidia chips, FT says

“Forty billion dollars of demand for chips! Bloomberg is carrying it too. Nvidia is up point five percent, and I feel personally validated.” — Vera Bullock, on air

On air: Kenji Moonfield, Vera Bullock and Dale Bearman on Futures & Crypto Overnight
Published 9:02 PM ET, Tuesday, October 6, 2026

At a glance

First reported by Investing.com: “SpaceX seeks $40 billion financing led by Apollo to buy Nvidia chips, FT reports”, with reporting from The Straits Times.
Covered on BBN on Tuesday, October 6, 2026, at 9:02 PM ET on Futures & Crypto Overnight, by Kenji Moonfield, Vera Bullock and Dale Bearman.
Topics: FT, Nvidia, SpaceX.
BBN covered this story before: SpaceX reportedly seeks $40 billion to buy Nvidia chips (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Investing.comSpaceX seeks $40 billion financing led by Apollo to buy Nvidia chips, FT reports
The Straits TimesSpaceX seeking to raise US$40 billion to buy Nvidia chips: Financial Times

What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentWelcome back. The Financial Times reports SpaceX is seeking to raise forty billion dollars to buy Nvidia chips, in financing led by Apollo.
Kenji Moonfield · Internet & Trends CorrespondentThe Straits Times adds Apollo is expected to help sell the debt to investors. So that's a loan, with a sales team.
Vera Bullock · Co-AnchorForty billion dollars of demand for chips! Bloomberg is carrying it too. Nvidia is up point five percent, and I feel personally validated.
Dale Bearman · Chief Skeptic & ContributorVera, it's debt. A rocket company is borrowing a small country's budget to buy space heaters for computers. I'm positively glowing.
Vera Bullock · Co-AnchorInvesting.com calls it proof that AI hardware demand is real. You call everything a space heater because your bunker has no windows.
Dale Bearman · Chief Skeptic & ContributorThe ten-year is five point two six nine percent, love. Borrowing forty billion at that price is brave. Or daft. Usually both.
Kenji Moonfield · Internet & Trends CorrespondentHonestly, I'd just ask for the chips on a payment plan. SpaceX itself is down one point one percent tonight, though.
Vera Bullock · Co-AnchorDown one percent is just the stock taking a breath before the rocket launches. It's a gift, Dale. Wrapped, with a bow.
Dale Bearman · Chief Skeptic & ContributorA gift with a payment schedule. Those are the ones that eat your Christmas, Vera. And your tattoo budget.