SpaceX reportedly is looking to raise as much money as the company generates in revenue to buy Nvidia chips

SpaceX is reportedly in discussions with banks and investors to borrow roughly $40 billion, with the proceeds intended to fund purchases of Nvidia chips, according to a Financial Times report. The figure is notable because it is said to be comparable to the company's annual revenue, meaning the proposed financing could represent a debt load on the scale of a full year of business activity.

The reported move highlights two broader trends: the enormous capital intensity of advanced computing infrastructure, and the central role Nvidia plays in supplying the hardware behind it. SpaceX's core launch and satellite businesses are capital-heavy in their own right, so layering on debt of this size would be a significant financial undertaking, and the report remains unconfirmed by the companies involved.

For observers, the key questions are whether the financing is finalized, on what terms, and how the chips would be deployed. Details on structure, timing, and use of proceeds would clarify how much of this is a concrete commitment versus early-stage talks, and whether it signals a wider pattern of large-scale borrowing to secure compute capacity.