SpaceX Signs Financing Lease Commitment with Apollo Global Management
SpaceX has signed a binding master financing lease commitment with Apollo Global Management. Apollo will purchase GPU clusters and related equipment and lease them to SpaceX. The total principal payments under the lease arrangement are expected to reach $40 billion, with the lease arrangement commencing in the first half of 2027 upon GPU delivery. SpaceX's leasing transaction is expected to be completed by the end of 2026, with each batch having a term of approximately 5 to 5.25 years.
-- Price
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