Goldman Sachs, Apollo Seek Investors for SpaceX’s $40 Billion Chip Financing

Goldman Sachs and Apollo Global Management are seeking investors for portions of a roughly $40 billion financing package tied to SpaceX’s planned Nvidia chip purchase. The package is part of SpaceX’s chip financing arrangement . Some investors have been asked to commit as much as $500 million before formal syndication begins. The debt package includes an $8.3 billion senior secured loan and multiple bond issues. Goldman is leading the loan, while Apollo is the main bond investor. Pacific Investment Management Company (PIMCO) also participated in the financing.

Source: TokenPost