SpaceX to borrow another $40B for Nvidia chips as SpaceX-Tesla merger committees form

The Verge AI · rss · 2026-10-23

The Verge reports SpaceX and Tesla have formed special committees to discuss a merger. SpaceX's credit risk is high as it is about to borrow another $40 billion to spend on Nvidia chips. Musk reiterated his 'spread the light of consciousness' Mars vision on the earnings call, but the piece notes the technology — and even the raw information needed to build it — for human life in space doesn't exist, making the merger's appeal a matter of how much you believe him.

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