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SpaceX raised $40 billion in debt financing to purchase GPUs for artificial intelligence systems. It is expanding its computing infrastructure with borrowed funds, expecting to have the necessary equipment in the first half of 2027, Elon Musk said. The amount of capital raised highlights the cost of the race for computing power. GPUs are becoming a key resource for AI development, and large purchases require funding long before the hardware starts generating revenue. The borrowed funds will have to be repaid regardless of future market dynamics. The company's own business, Super Intelligence, is already showing sharp growth. In the third quarter, its revenues reached 7.56 billion dollars, a ninefold increase compared to the corresponding period last year. SpaceX's next challenge is to turn this growth into sustainable cash flow to justify such a massive infrastructure expansion. ΞKONOMICON.

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Экономикон · · Source

SpaceX raised $40 billion in debt financing to purchase GPUs for artificial intelligence systems. It is expanding its computing infrastructure with borrowed funds, expecting to have the necessary equipment in the first half of 2027, Elon Musk said. The amount of capital raised highlights the cost of the race for computing power. GPUs are becoming a key resource for AI development, and large purchases require funding long before the hardware starts generating revenue. The borrowed funds will have to be repaid regardless of future market dynamics. The company's own business, Super Intelligence, is already showing sharp growth. In the third quarter, its revenues reached 7.56 billion dollars, a ninefold increase compared to the corresponding period last year. SpaceX's next challenge is to turn this growth into sustainable cash flow to justify such a massive infrastructure expansion. ΞKONOMICON.

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