SpaceX secures $40B GPU lease commitment, with deliveries planned for 2027

SpaceX reached a binding commitment for an approximately $40 billion GPU and equipment finance lease with an Apollo-managed entity. The plan covers Nvidia Vera Rubin hardware for terrestrial compute. Closing remains conditional and is expected before year-end; lease schedules are expected to begin as equipment arrives in the first half of 2027. The announcement is a commitment, not installed capacity.