SpaceX turns Nvidia GPUs into long-duration assets with $40 billion Apollo deal

SpaceX struck a $40 billion Apollo deal that treats Nvidia GPUs as long-duration assets to finance AI infrastructure. Tech giants are increasingly funding compute through long-term financing structures rather than direct purchases.

• The Apollo deal is valued at $40 billion
• Nvidia GPUs are structured as long-duration assets
• AI infrastructure funding shifts away from direct purchases