Pimco Scoops Up $4 Billion of Massive SpaceX AI Debt Package

(Bloomberg) -- Pacific Investment Management Co. bought a $4 billion slice of a huge SpaceX financing deal that will help expand its artificial intelligence ambitions, according to people familiar with the matter. Most Read from Bloomberg Lula Wins Record Fourth Term in Surprise Brazil Comeback Anthropic Files for IPO in Global Race to Raise Cash for AI Apple's Foldable iPhone Duo Draws Early Complaints of the Screen Cracking Brazil Markets Crater, Some Stocks Sink 50% After Lula Victory Trump Says Decision Nearing on Iran: Deal or 'Finish It Off' Elon Musk's SpaceX (SPCX) on Monday said it signed a roughly $40 billion equipment-financing deal with lenders led by Apollo Global Management Inc. to help facilitate purchases of Nvidia Corp.