SpaceX said on its October 20, 2026, earnings call that it was on track to bring 200,000 Nvidia Grace Blackwell systems online each month through the end of 2026 at its Memphis-area AI data centers, according to CNBC. That is a planned deployment pace. Separate reports describe preliminary discussions about financing Nvidia chip purchases for about $40 billion.
SpaceX's planned Nvidia deployment pace
The monthly figure applies to SpaceX's planned rollout for the remainder of 2026 at its Memphis-area AI data centers. SpaceX CEO Elon Musk also described plans to deploy power and cooling infrastructure at a rapid pace during the earnings call, CNBC reported.
What the financing talks involve
On October 7, CNBC reported preliminary discussions between SpaceX, Apollo Capital and several banks about roughly $40 billion in financing for Nvidia GPU purchases, primarily through investment-grade debt.
On October 22, TIKR reported, citing a person familiar with the talks, that the GPUs would likely serve as collateral. Collateral is an asset pledged to secure a loan.
SpaceX AI's Q3 2026 results and spending
CNBC reported that SpaceX AI generated $7.56 billion in revenue and $431 million in operating income in Q3 2026. The company recorded $19.6 billion in capital expenditures that quarter, with more than $16.4 billion committed to AI.
