SpaceX: AI deals, investors and valuation

A SpaceX affiliate buys Nvidia Vera Rubin chips and leases them to the group, with ~$40 billion of Apollo-led debt; leasing from the first half of 2027.

SpaceX (which absorbed xAI) signs a binding commitment of about $40 billion led by Apollo, with Goldman Sachs and PIMCO, to buy Nvidia Vera Rubin chips and data center equipment.

SpaceX (with xAI) is negotiating with banks and investors, led by Apollo and including Pimco, about $40 billion of debt to buy Nvidia chips for Colossus.

In April SpaceX obtained an option to buy at $60 billion (or pay $10 billion for the collaboration); deal formalized on 16/06/2026 after the IPO and closed on 14/08/2026 in stock. In the 10-Q the accounting consideration is $42.5 billion plus $23.4 billion of employee equity awards.

SpaceX and Tesla initially invest $16.8 billion in the Terafab AI chip complex in Texas, using Intel's 14A process; SpaceX/xAI will use about 75% of it.

SpaceX (which includes xAI and X) prices at $135 per share and raises about $75 billion; Nasdaq debut as SPCX on 12/06/2026.

All-stock merger: SpaceX valued at about $1 trillion and xAI (which owns X) at $250 billion. It is the largest merger ever.

According to the WSJ, SpaceX puts $2 billion into xAI's $5 billion equity round, which values it at $113 billion after the merger with X.