Elon Musk says SpaceX has raised $40bn in debt to buy AI chips

T2Covered by 1 source · first reported by TNW at 26 Oct, 10:12 UTC

SpaceX has secured $40 billion in debt financing to buy graphics processing units (GPUs), the chips used to run AI systems, Elon Musk said in a post on X on Sunday. Pretty much. As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have…