# Stock Rally Fades as Oil Rises; SpaceX in Talks to Buy Nvidia Chips

https://mins.news/en/video/89599

- Bloomberg Television, 2026-10-07 12:02 UTC
- Economy
- Original: https://www.youtube.com/watch?v=FK74qpzIYj0

> US equity futures slipped after the S&P 500 set a record, while oil climbed as traders assessed reports of increased Iranian attacks on vessels in the Strait of Hormuz. SpaceX is reportedly discussing a $40 billion fundraising with banks and investors to buy Nvidia chips, potentially one of the largest debt financings for AI development.

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