Nvidia nears $6T market cap with record $150B buyback; SpaceX in talks to borrow $40B for chips
rohanpaul_ai · x · 2026-10-07
Nvidia is closing in on a $6 trillion market value while trading at a cheaper earnings multiple than the S&P 500, up 28-30% this year, adding $1.3T in value. It announced a $150B share repurchase authorization — the largest single buyback in US history, overtaking Apple's $110B from 2024 — bringing its total to $235B through fiscal 2028, while forecasting 70% revenue growth for FY2028 even as most Big Tech peers pour spare cash into AI buildouts.
Separately, Bloomberg/FT report SpaceX is in early talks to borrow $40B for Nvidia chips, led by Apollo Global Management: $10B in bank loans plus $30B of investment-grade debt, expected to close in 2027. Musk has said SpaceX will build exclusively on Nvidia hardware, with many chips rented out via its cloud business.
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