Goldman and Apollo seek buyers for SpaceX chip financing
In short
Goldman Sachs and Apollo Global Management are looking for buyers for part of a roughly $40 billion financing deal tied to SpaceX’s AI chips. The report says the talks were being held with investors on Wednesday.
What the reporting says
Goldman Sachs and Apollo Global Management are in talks with investors to sell portions of a roughly $40 billion financing deal for SpaceX’s AI chips.
Why it matters
Goldman Sachs and Apollo Global Management are reportedly seeking investors to buy portions of a roughly $40 billion financing deal for SpaceX’s AI chips. The immediate market impact is uncertain, though the size of the deal makes it notable for private financing and AI-related funding.