SpaceX's $40B Off-Balance-Sheet AI Debt Deal Gets Roiled by Market Turmoil
SpaceX's effort to finalize a $40 billion off-balance-sheet debt structure for its AI buildout has been disrupted by rising borrowing costs across the sector.
SpaceX's attempt to finalize a $40 billion off-balance-sheet debt structure to fund its AI buildout has been disrupted by recent market turmoil, according to @business. Borrowing costs have risen amid broader instability in the AI sector, complicating a financing effort that is part of the industry's wider race to fund compute at unprecedented scale.
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