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الاقتصادية - CNN
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الاقتصادية

2026-10-07T11:17:00.000Z

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Egypt's foreign reserves reach $57.35B

الاقتصاديةالاقتصاديةالاقتصادية
16 Hrs2026-10-07T10:35:00.000Z
Egypt's foreign reserves reach $57.35B

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Al-Asmak reviews options for company continuity

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19 Hrs2026-10-07T07:21:48.469Z
Al-Asmak reviews options for company continuity
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SpaceX plans to raise $40B for Nvidia chips

SpaceX plans to raise $40B for Nvidia chips

SpaceX plans to raise approximately $40 billion to finance the acquisition of advanced AI chips from Nvidia, led by Apollo Global Management. The funding strategy includes securing $10 billion in bank loans and $30 billion through investment-grade debt, with the deal expected to be finalized by 2027. This move comes amid increasing demands for massive capital investments to support the expansion of the artificial intelligence sector, which is projected to require $1.5 trillion by 2028, amid concerns over rising debt levels and liquidity shortages in the market. The deal is part of Musk's broader strategy to boost reliance on Nvidia chips within SpaceX's data centers, as the company expands its use of AI processors and leverages Nvidia’s industry-leading advanced AI processors.

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