Overview
SpaceX is seeking to borrow $40 billion to purchase AI chips from Nvidia.
The amount it is raising is equivalent to about 1.8% of SpaceX’s $2.17 trillion market capitalization.
The key question is whether semiconductor orders funded by the borrowing can further fuel the 15.67% rise over the past five days.
Read the original article by Darryn Pollock at jp.beincrypto.com: “SpaceX’s $40 Billion NVIDIA Stock Purchase: What Impact After the Stock Rally?”
SpaceX is seeking to borrow $40 billion to purchase AI chips from Nvidia.
The amount it is raising is equivalent to about 1.8% of SpaceX’s $2.17 trillion market capitalization.
The key question is whether semiconductor orders funded by the borrowing can further fuel the 15.67% rise over the past five days.
Read the original article by Darryn Pollock at jp.beincrypto.com: “SpaceX’s $40 Billion NVIDIA Stock Purchase: What Impact After the Stock Rally?”