SpaceX, Elon Musk announces 40 billion financing for the purchase of AI chips

Sources cited by Bloomberg report that some details of the operation, including prices, are still being negotiated. Musk also warned that debt markets are reducing support for AI companies that rely solely on data center revenues

Elon Musk announced that SpaceX has obtained $40 billion in financing for the purchase of advanced chips, a component considered essential to support projects in the artificial intelligence sector.

The announcement came through a message published on

Despite Musk's announcement, according to sources cited by Bloomberg the negotiations are not yet completely concluded and some discussions on the economic issues of the operation remain open.

The SpaceX founder's moves come at a delicate stage for companies related to artificial intelligence. In the last period the debt markets have shown a lot of caution towards the sector, doubts arise from the sustainability of the huge investments required and the ability of companies to transform them into concrete profits. At the center of investors' concerns are above all the so-called "neoclouds", companies specializing in the provision of GPU-based cloud infrastructures.

Musk also highlighted how SpaceX can also count on consolidated sources of income, including the Starlink satellite internet service and activities related to space launches. “In recent weeks, debt markets have almost completely closed off access to money for any company that does not have substantial revenue independent of AI data centers,” Musk said. He then said that SpaceX will not purchase any neoclouds, calling it "useless."