SpaceX seeks $40 billion to buy Nvidia GPUs as AI megadeals grow

SpaceX seeks $40 billion for Nvidia GPUs

SpaceX is reportedly in talks to raise about $40 billion to bulk‑purchase Nvidia graphics processors. The financing would fund a wave of artificial‑intelligence infrastructure the company is building to power its Starlink satellite network, autonomous‑flight research, and internal data‑science teams.

The figure comes from a Bloomberg report that says the rocket firm is courting lenders for a loan package the size of a small sovereign‑debt issue. Bloomberg’s sources did not disclose which banks are involved, but the sum would be enough to buy tens of thousands of Nvidia’s latest AI‑focused GPUs.

Why the funding matters

Nvidia’s GPUs have become the de‑facto hardware for training large language models and other high‑throughput AI workloads. By locking in a massive purchase, SpaceX would not only secure the compute power needed for its next‑generation services, it would also signal that private‑sector AI spend is approaching the scale of the biggest tech‑company deals.

Industry observers note that the $40 billion request dwarfs previous corporate AI‑hardware purchases. If the loan goes ahead, SpaceX could become one of the single largest private buyers of Nvidia chips, a status that would likely tighten supply for other customers and keep Nvidia’s stock under pressure.

Jim Cramer’s take on Nvidia

CNBC’s Jim Cramer, host of “Mad Money,” said the news reinforces his confidence in Nvidia’s growth story. While he did not quote a specific price target, Cramer told the network that the company’s “position in the AI supply chain is virtually unassailable” and that the SpaceX deal is “another vote of confidence for the chip maker.”

Cramer’s bullish stance comes amid a broader rally in Nvidia shares, which have been rallying on the back of soaring demand for AI hardware. Analysts see the SpaceX financing as a “megadeal” that could push Nvidia’s revenue outlook higher for the next few years.

What’s next for the deal?

SpaceX has not publicly confirmed the financing talks, and the company declined to comment when approached for this story. Bloomberg indicated that the loan would likely be structured as a syndicated facility, with repayment tied to the revenue generated by the AI‑focused services that the GPUs will power.

The timing of the financing is also notable. Nvidia announced a new generation of AI GPUs in early 2026, and the chips are already in high demand from cloud providers, automotive firms, and research labs. If SpaceX moves quickly, it could lock in pricing before the market tightens further.

Bottom line

A reported $40 billion financing plan to buy Nvidia GPUs puts SpaceX at the centre of the AI‑hardware boom. The move has already caught the eye of market commentators like Jim Cramer, who see the deal as a strong endorsement of Nvidia’s dominance in the AI chip market. Until SpaceX or its lenders confirm the details, the size and structure of the loan remain unverified, but the story highlights how quickly AI infrastructure spending is scaling across sectors.