Bloomberg reported on November 4, 2026, that Goldman Sachs Group Inc. and Apollo Global Management Inc. had begun approaching potential buyers for portions of SpaceX’s roughly $40 billion GPU financing. Bloomberg updated its report on November 5 and described the financing as a multi-tranche structure arranged to keep debt off SpaceX’s balance sheet.
What SpaceX’s financing covers
The outreach concerns financing for a planned equipment lease. On October 26, SpaceX announced a binding commitment to enter an approximately $40 billion master finance lease for GPUs and related equipment with an entity managed by Apollo. SpaceX said the lease would deliver next-generation NVIDIA Vera Rubin chips for its terrestrial compute buildout. SpaceX’s announcement describes the commitment and intended equipment.
For background on the original commitment, see NeoTeo’s earlier coverage of SpaceX’s GPU lease.
