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Apollo-Led $40 Billion GPU Lease Deal Draws Binding SpaceX Pledge

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Summary

SpaceX disclosed on October 26, 2026 that it reached a binding commitment to enter into an approximately $40 billion master finance lease for GPUs and related equipment with an entity managed by Apollo Global Management, a transaction SpaceX described as the largest committed GPU financing. The disclosure came in an official announcement dated October 26, 2026 and a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission. According to the filing, Space Exploration…

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