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Will SpaceX’s $40B Nvidia Bet Help or Hurt the Stock After a 16% Run?

Will SpaceX’s $40B Nvidia Bet Help or Hurt the Stock After a 16% Run?

SpaceX (SPCX) is seeking $40 billion in debt to buy Nvidia (NVDA) AI chips, the Financial Times (FT) reported. The stock has already gained around 15% in five days.

Investors are weighing a debt-funded chip order against a rally that lifted SpaceX’s market value to about $2.17 trillion.

Is $40 billion big enough to change SpaceX’s balance sheet?

The raise equals roughly 1.8% of SpaceX’s market capitalization, based on Google Finance figures.

Bank loans would cover roughly $10 billion. The remaining $30 billion would come as investment-grade debt, meaning bonds from borrowers rated as relatively safe.

SpaceX stock has risen near 15% in the past 5 days. SpaceX stock has risen near 15% in the past 5 days. Image Source: Trading View

Apollo Global Management (APO), an asset manager, is…

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