Apollo-Backed Entity Commits About $40 Billion to SpaceX for Nvidia Vera Rubin GPUs

SpaceX has reportedly secured about $40 billion in lease financing from an Apollo-managed entity to acquire Nvidia Vera Rubin GPUs, according to reports during the week of October 26. The deal is expected to close before the end of 2026, with deliveries in the first half of 2027.
The companies have not published details of the arrangement. This story is based on secondary reports.
Sources
Image: Sunset in the Rocket Garden at SpaceX Starbase.jpg by Steve Jurvetson, CC BY 2.0, via Wikimedia Commons. Illustrative photo; it does not show the events described.

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