SpaceX agrees USD 40 bln GPU master lease for xAI data centres - Telecompaper

The agreement is with an entity managed by Apollo Global Management and represents a significant expansion of SpaceX's data center capabilities. The deal will provide state-of-the-art GPU equipment for xAI's terrestrial data centers, supporting the company's ambitious AI development goals.

Historic Financing

The USD 40 billion master lease is described as the largest financing for GPU procurement in history, highlighting the unprecedented scale of this technological investment. Goldman Sachs Asset Management is serving as the sole structuring agent for this groundbreaking agreement.