Elon Musk's SpaceX (SPCX) is seeking to issue $40 billion in new debt to purchase Nvidia (NVDA) chips, according to Bloomberg. The 8:30 Hosts Pras Subramanian, Julie Hyman, and Jake Conley report further on this news. Video Transcript 00:00 Speaker A uh, Bloomberg reporting today that SpaceX is looking to issue 40 billion, uh, in new debt to buy Nvidia chips for data centers. Uh, the split would be 10 billion in bank loans and 30 billion in investment grade debt. Uh, per, per Bloomberg again. and with Pimco looking at the deal and our parent Apollo leading the financing. So again, this unending desire or need for debt 00:26 Speaker A probably going to be satisfied. I don't know. They're saying looking at a 2027 sort of, uh, date to complete this.
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