EconomySpaceX Seeks $40 Billion to Buy Nvidia Chips as Iran Steps Up Hormuz Attacks

Name: SpaceX Seeks $40 Billion to Buy Nvidia Chips as Iran Steps Up Hormuz Attacks
Uploaded: 2026-10-07T08:11:30.000Z
Description: Bloomberg reports that SpaceX is in talks to borrow $40 billion to purchase Nvidia chips, potentially creating one of the largest-ever debt financings for the AI buildout. Oil prices rose as traders assessed Iran’s stepped-up attacks around the Strait of Hormuz.

Bloomberg reports that SpaceX is in talks to borrow $40 billion to purchase Nvidia chips, potentially creating one of the largest-ever debt financings for the AI buildout. Oil prices rose as traders assessed Iran’s stepped-up attacks around the Strait of Hormuz.

Bloomberg Television 2026-10-07 08:11