SpaceX Rises 0.94% Premarket as Company Signs $40 Billion GPU Financing Lease Agreement with Apollo, Set to Commence in First Half of 2027

On October 26, a U.S. Securities and Exchange Commission (SEC) filing showed that SpaceX has entered into a binding master financing lease commitment with Apollo Global Management. Under the agreement, Apollo will purchase GPU clusters and related equipment, then lease them to SpaceX, with total principal payments under the lease arrangement expected to reach $40 billion.

The related lease arrangement will commence upon GPU delivery in the first half of 2027. This move will provide financing support for SpaceX to acquire large-scale AI computing equipment. SpaceX rose 0.94% in premarket trading.

[BlockBeats]