SpaceX unveils $40B Apollo GPU lease deal
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SpaceX has signed a master finance lease agreement with Apollo Global Management Inc. The deal involves leasing graphics processing unit pods and related equipment for data centers. According to a filing with the United States Securities and Exchange Commission, total principal payments will reach about $40 billion.
Space Exploration Technologies Corp. (SpaceX) signed a master finance lease agreement with Apollo Global Management Inc. to lease its graphics processing unit (GPU) pods and related equipment for its data centers, with the aggregate principal payments set to amount to approximately $40 billion, according to the company's filing with the United States Securities and Exchange Commission (SEC) published on Monday.