Apollo Capital Management and several banks are in discussions with SpaceX to help facilitate the company's purchase of $40 billion worth of Nvidia graphics processing units, according to a person familiar with the talks who asked not to be named to discuss the matter. The deal will primarily rely on the investment-grade debt market, which SpaceX just tapped four months ago, the person said. Two weeks after its record-breaking IPO in mid-June, the space exploration company raised $25 billion in bonds at different durations. CNBC was told at the time that SpaceX's bond sale saw incredibly high demand, highlighting strong interest from fixed-income investors. But since then, AI-related bonds have sold off, while credit spreads have widened.
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