BeInCrypto • October 7th 2026, 3:19 AM
Will SpaceX's $40B Nvidia Bet Help or Hurt the Stock After a 16% Run?
Key Summary
SpaceX is seeking $40 billion in debt to buy Nvidia AI chips, raising concerns over its stock performance despite a recent 15% run. The deal, expected to close in 2027, will test whether credit markets can support the demand for AI infrastructure. SpaceX's market value has risen to $2.17 trillion, but its shares still sit 24% below their 52-week high.
Please see our real time news feed on our Home Page
Market Outlook
SpaceX is seeking $40 billion in debt to buy Nvidia AI chips, according to the Financial Times. The deal, expected to close in 2027, will test whether credit markets can support the demand for AI infrastructure.Stock Performance
Despite a recent 15% run, SpaceX's shares still sit 24% below their 52-week high of $225.64. The stock has risen near $171.92, up $23.29 over five days.AI Demand
Morgan Stanley projects AI infrastructure will need $1.5 trillion in outside financing by 2028. Yet lenders and investors are growing more cautious about backing it. The partnership between Nvidia and asset manager Apollo Global Management is expected to lead the deal, with Pimco, a bond fund, among the lenders in talks.Market Implications
The raise tests whether credit markets stay open to that demand. SpaceX's share price could show whether equity holders accept the added leverage. With its market value at $2.17 trillion, SpaceX's ability to finance its Nvidia buildout remains uncertain.#Nvidia#SpaceX#US#AI