BUZZ-SpaceX seeks 40 billions USD in financing to purchase Nvidia chips, stock price drops in response

路透社2026/10/07 08:51

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October 7 - SpaceX (SPCX.O) shares fell 1.8% in premarket trading to $168.9. According to the Financial Times, citing people familiar with the matter, the company plans to raise $40 billions to acquire Nvidia (NVDA.O) AI chips. The Financial Times reports that the proposed financing, led by Apollo Global Management (APO.N), includes around $10 billions in bank loans and $30 billions in investment-grade bonds to pay for the chip orders. This move by Elon Musk's company underscores the enormous capital required amid the AI boom, as tech companies race to expand their computing infrastructure. SpaceX, Apollo Global Management, and Nvidia have yet to respond to Reuters' requests for comment. Out of 41 brokerages, 32 have a "Buy" or higher rating on the stock, 6 rate it "Hold," and 3 as "Sell" or lower; the median target price is $217, according to data compiled by London Stock Exchange Group (LSEG). As of the previous trading session close, SPCX shares have risen 27.3% from their IPO price of $135.

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October 7 - ** SpaceX (SPCX.O) shares fell 1.8% premarket to $168.9

** According to the Financial Times, citing sources familiar with the matter, the company (link) plans to raise $40 billion to purchase artificial intelligence chips from NVIDIA NVDA.O

** The Financial Times reports that the proposed funding, led by Apollo Global Management APO.N, includes about $10 billion in bank loans and $30 billion in investment-grade bonds, which will be used to pay for the chip order—Financial Times

** This move by the company led by Elon Musk highlights the massive capital required by the artificial intelligence boom, as tech firms race to expand their computing infrastructure

** SpaceX, Apollo Global Management, and NVIDIA have not yet responded to Reuters' requests for comment

** Out of 41 brokerages, 32 rate the stock as “buy” or higher, 6 as “hold”, and 3 as “sell” or lower; the median target price is $217—data compiled by London Stock Exchange Group (LSEG)

** As of the previous trading day's close, SPCX stock was up 27.3% from its IPO price of $135

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On Wednesday, October 7, Levi Strauss (LEVI.N) shares fell 4.3% to $19.65 ahead of the company's quarterly earnings release after the market close. With consumer spending becoming more cautious, investors are closely watching the company's progress in entering the premium jeans market. According to data from the London Stock Exchange Group (LSEG), the apparel manufacturer—known for its jeans and casual wear—is expected to report third-quarter revenue growth of about 5% year-on-year to $1.62 billion, with adjusted earnings per share at $0.36, higher than last year's $0.34. Last quarter, the company raised its annual sales forecast, betting that its premium jeans would attract high-income consumers, though its earnings outlook disappointed some investors. Jefferies, in a preview report, anticipated the third-quarter results would be "solid" given strong demand for jeans, and pointed out that the appointment of a new chief financial officer signals continued focus on future global growth. On September 30, Levi's announced the appointment of John Vandemore as chief financial officer, effective November 1, 2026; Vandemore previously worked at Skechers, where he served as corporate controller and led the global finance team for the past nine years. In response to this news, Levi's shares have declined about 5% year-to-date and approximately 20% over the past 12 months. Out of 16 brokerage firms, 13 rate the stock as "strong buy" or "buy," while 3 have it as "hold"; the median target price remains at $27, unchanged over the last three months.

路透社•2026/10/07 16:46