Goldman and Apollo Seek Buyers for SpaceX AI Deal
Goldman Sachs and Apollo Global Management are approaching investors to sell portions of a massive financing deal for SpaceX AI chips. The arrangement aims to fund growing computing needs while keeping debt off the balance sheet.
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Goldman Sachs Group Inc and Apollo Global Management Inc are pitching investors to sell stakes in a $40B financing deal for SpaceX AI chips. The multi-tranche arrangement stands as the largest GPU financing package on record. The off-balance-sheet structure aims to fund the aerospace company's rapidly expanding computing infrastructure.
