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SpaceX enters Apollo GPU lease commitment with $40 billion in expected principal payments
A post citing an SEC filing says Apollo will purchase GPU pods and related equipment, then lease them to SpaceX.
TLDR
A post citing an SEC filing says SpaceX entered a binding commitment for a master finance lease with Apollo Global Management. Apollo would buy GPU pods and related equipment and lease them to SpaceX. Scheduled principal payments are expected to total $40 billion, and the agreement was expected to close before the end of 2026.
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