SpaceX Seeks $40B for Nvidia Chips as AI Megadeals Loom

The rocket company needs forty billion dollars for chips. Nobody at the bank asked which planet it's for.

Bloomberg’s Ed Ludlow takes a look at SpaceX in talks with banks and investors to borrow $40 billion to buy chips from Nvidia. Plus, Apple plans its entry into the smart home space with a doorbell, thermostat, and other accessories developed with LG; and JD Moriarty, Vice Chair and head of Global Tech Equity Capital Markets at Bank of America Securities, discusses the upcoming mega AI IPO pipeline. (Source: Bloomberg)

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