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SpaceX Enters Roughly $40 Billion GPU Equipment Finance Lease Agreement With Apollo

SpaceX Enters Roughly $40 Billion GPU Equipment Finance Lease Agreement With Apollo

MT newswireMT newswire2026/10/26 12:32
08:32 AM EDT, 10/26/2026 (MT Newswires) -- SpaceX (SPCX) entered into a lease agreement totaling about $40 billion with an Apollo Global Management-managed (APO) entity, under which it will obtain graphics processing unit pods and equipment for its data centers, SpaceX said Monday in a regulatory filing. The finance lease is subject to certain closing conditions and is expected to close prior to the end of the year, with lease schedules commencing in H1 2027 upon delivery of the GPUs, SpaceX said. The equipment is intended for data centers selected by the company, with deliveries planned in stages, the filing said. Apollo didn't immediately reply to a request for comment from MT Newswires.
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