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SpaceX looks to take on $40B in debt for Nvidia GPU purchase

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Apollo Capital Management and multiple banks are in talks with SpaceX to help fund the company's purchase of $40 billion worth of graphics processing units from Nvidia, a source familiar with the matter told CNBC.

The deal is expected to rely on the investment-grade debt market, the source said.

Discussions are preliminary, with details yet to be finalized.

Read more from CNBC.

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