SpaceX seeks $40B for Nvidia AI chips as Starlink wins FCC nod

Investor's Business Daily · 6 hours ago
SpaceX seeks $40B for Nvidia AI chips as Starlink wins FCC nod
  • SpaceX is looking to raise $40 billion to purchase a batch of Nvidia artificial intelligence chips, according to reports.
  • The rocket company won regulatory approval to launch an additional 15,000 satellites into orbit for its Starlink Mobile service.
  • CEO Elon Musk announced changes to the Grok Bot AI assistant alongside the chip and satellite news.
  • SPCX stock slid early following the reports.

Quotes

“SpaceX is looking to raise $40 billion to purchase a batch of Nvidia artificial intelligence chips, according to reports on Tuesday.”— Investor's Business Daily
“The rocket company also won regulatory approval to launch an additional 15,000 satellites into orbit for its Starlink Mobile service.”— Investor's Business Daily

Sources