Musk Says SpaceX Closed $40 Billion Chip Financing Deal as Pricing Remains Unresolved

US billionaire Elon Musk has announced that SpaceX closed a $40 billion debt deal to finance purchases of advanced computing chips for its artificial intelligence ambitions.

The financing would support the acquisition of hardware needed to power the company’s AI plans. Musk presented the transaction as completed.

However, sources familiar with the matter said discussions over the deal’s pricing were still under way and had not been finalized.

The differing accounts leave uncertainty over the financing’s status. While Musk said the deal had closed, the sources’ account indicates that its final pricing terms remain unresolved.