SpaceX reportedly seeks $40 billion debt deal for Nvidia AI chips

SpaceX is reportedly in negotiations to secure $40 billion in debt financing to purchase Nvidia semiconductors, according to sources familiar with the matter. The potential transaction would represent one of the largest debt packages ever raised to fund artificial intelligence infrastructure.

Concurrently, global energy markets saw crude oil prices rise as traders responded to heightened security risks in the Middle East. Tensions escalated following reports that Iran has intensified attacks near the Strait of Hormuz, a critical maritime transit route for global oil supplies. The market movements reflect growing investor concern over potential disruptions to energy transport in the region.

Sources: Bloomberg