SpaceBloomberg Techabout 3 hours ago
Pimco Buys $4 Billion SpaceX AI Debt
1 min read
Pacific Investment Management Co. acquired a $4 billion portion of a roughly $40 billion equipment-financing deal signed by Elon Musk's SpaceX on Monday. The transaction supports SpaceX's artificial intelligence ambitions by funding purchases of Nvidia graphics processing units and related equipment from lenders led by Apollo Global Management Inc.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storySpaceX
