Goldman Sachs and Apollo shop a $40 billion SpaceX AI chip financing deal
Photo: Crypto Briefing
The banks are reportedly asking some investors to take stakes of up to $500 million before formal syndication even begins Goldman Sachs and Apollo Global Management are out with a sales pitch. The product is roughly $40 billion of financing tied to AI chips for SpaceX. Bloomberg News reported on Wednesday that the two firms have started approaching potential buyers for the multi-tranche package. Some investors are being asked to commit up to $500 million each, and the formal syndication process hasn’t even started yet. Think of it less like a loan and more like a very expensive car lease.
Source: Crypto Briefing
